Teledyne: Q4 Earnings Snapshot

THOUSAND OAKS, Calif. (AP) _ Teledyne Technologies Inc. (TDY) on Wednesday reported fourth-quarter net income of $226.4 million.

The Thousand Oaks, California-based company said it had profit of $4.74 per share. Earnings, adjusted for one-time gains and costs, were $4.94 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.52 per share.

The defense and aerospace industry supplier posted revenue of $1.42 billion in the period.

For the year, the company reported profit of $788.6 million, or $16.53 per share. Revenue was reported as $5.46 billion.

For the current quarter ending in March, Teledyne expects its per-share earnings to range from $4.37 to $4.47.

The company expects full-year earnings in the range of $19 to $19.20 per share.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TDY at