Teledyne Technologies Q4 earnings $TDY
Teledyne Technologies reports Q4 EPS $4.94 ex-items vs FactSet $4.53 [7 est, $4.45-4.59]
The Aero & Defense Electronics segment was a standout. See the solid y/y growth on a tough comp, plus improved EBIT margin for this segment:
(From TDY's Q4 FY22 earnings transcript)
Guided Q1 EPS $0.02 below at the midpoint vs. FactSet consensus ($4.42 vs. FS $4.44) and FY23 EPS $0.07 above at midpoint vs. consensus ($19.10 vs. $19.03).
Expecting sales in-line with consensus ~5% growth. About 3.5% organic growth and 1.5% from acquisitions.
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