TDY Stock

Teledyne's impressive results for the fourth quarter of 2024, with revenue and earnings per share exceeding expectations, highlight strong growth in digital imaging, instrumentation, and aerospace and defense electronics. I am optimistic about TDY because of its involvement in increasing global defense spending, especially in unmanned systems such as the Black Hornet drones. Additionally, the marine instrumentation sector has great growth potential, fueled by the demand for offshore energy and subsea defense applications due to geopolitical issues.

Teledyne Technologies Incorporated (NYSE:TDY) will hold its Q4 2024 Earnings Conference Call on January 22, 2025, at 11:00 AM ET. The call will feature several company leaders, including Vice Chairman Jason VanWees and CEO Edwin Roks. Analysts from various financial institutions will also participate in the discussion.

Teledyne Technologies (TDY) reported quarterly earnings of $5.52 per share, which is higher than the Zacks Consensus Estimate of $5.23 per share. This is an increase compared to last year's earnings of $5.44 per share.

TDY is a solid investment option in the aerospace-defense equipment sector due to its strong growth potential, low levels of debt, and smart acquisitions.

To better understand how Teledyne (TDY) might perform in the quarter ending December 2024, look beyond Wall Street's basic revenue and profit predictions. Instead, focus on the estimates for some of its important metrics. This will give you a clearer picture of the company's potential performance.

Teledyne FLIR Defense, a part of TDY, has won a contract worth $74.2 million to provide over 125 ESS-M platforms to the US Coast Guard.

MILPITAS, Calif.--(BUSINESS WIRE)-- #teledynehirel--Teledyne HiRel Semiconductors has introduced its new Gallium Nitride (GaN) high-power RF switch, the TDSW84230EP. This switch is designed to deliver high peak power and can replace traditional Positive-Intrinsic-Negative (PIN) diode RF switches found in many modern tactical and military communication radio systems. It is developed using a wide-bandgap GaN High Electron Mobility Transistor (HEMT) process, providing exceptional performance.

TDY has successfully acquired Micropac, a company that designs and manufactures microelectronic circuits, optoelectronic components, and power products.

Teledyne Technologies Incorporated and Micropac Industries, Inc. have announced that their merger has been successfully completed. As part of the agreement, Micropac shareholders will receive $20.00 per share in cash, minus any necessary taxes. This all-cash deal has been valued accordingly.