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Thousand Oaks, California-based Teledyne Technologies Incorporated (TDY) provides technologies that enable the sense, transmission, and analysis of information for industrial growth markets. With a market cap of $20.5 billion, Teledyne serves various industries and sectors including aerospace and defense, factory automation, air and water quality environmental monitoring, energy, healthcare, and more.
Teledyne is expected to announce its first-quarter results on Wednesday, Apr. 23. Ahead of the event, analysts expect TDY to deliver a non-GAAP profit of $4.92 per share, up a notable 8.1% from $4.55 per share reported in the year-ago quarter. While the company has missed Street’s earnings estimates once over the past four quarters, it has surpassed the expectations on three other occasions.
