September 23, 2023
Loading...
You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies  >  Earnings  >  Current Article

Teledyne shares fall despite solid earnings beat

IN THIS ARTICLE

Thousand Oaks-based Teledyne saw shares fall nearly 7% on July 26 following the company’s second-quarter earnings report despite the fact the defense conglomerate delivered both a revenue and earnings beat. Adjusted earnings per share reached $4.67 in the second quarter, beating Zacks Consensus Estimate by 0.9% and beating last year’s bottom line by 5.4%. Accounting…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.