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Teledyne Technologies Inc Profit Advances In Q4

Teledyne Technologies Inc (TDY) announced earnings for its fourth quarter that increased from the same period last year.

The company's earnings came in at $91.1 million, or $2.45 per share. This compares with $67.6 million, or $1.84 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.2% to $748.4 million from $704.4 million last year.

Teledyne Technologies Inc earnings at a glance:

-Earnings (Q4): $91.1 Mln. vs. $67.6 Mln. last year.
-EPS (Q4): $2.45 vs. $1.84 last year.
-Analysts Estimate: $2.18
-Revenue (Q4): $748.4 Mln vs. $704.4 Mln last year.

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