logo
  

Teledyne Technologies Raises FY21 Adj. Earnings Outlook - Quick Facts

While reporting financial results for the first quarter on Wednesday, Teledyne Technologies Inc. (TDY) raised its adjusted earnings guidance for fiscal 2021 to a range of $12.00 to $12.20 per share from the prior forecast range of $11.25 to $11.45 per share.

Based on its current outlook, the company also projected earnings for the second quarter to be in the range of $2.85 to $2.95 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.79 per share for the second quarter and $11.55 per share for the year. Analysts' estimates typically exclude special items.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Meta Platforms Inc., the parent of Facebook, Instagram, and WhatsApp, said it is launching more options on WhatsApp to control their messages and how long they stick around, with default disappearing messages and multiple durations. The latest features are expected to bring more control and privacy on the popular messaging app. Delivery services company DoorDash has introduced ultra-fast grocery deliveries with DashMart in Chelsea, New York City. The company said it aims to deliver in 10-15 minutes and plans to expand its new service in select DoorDash grocery and convenience partners over the next year. With over 2,000 items, DashMart offers a wide assortment of fresh and frozen grocery staples, snacks, household goods, and local products. Ontario, Canada-based Erie Meat Products Ltd. is recalling approximately 1,224 pounds of fully cooked chicken bologna products, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The chicken bologna products were imported and distributed into the United States without the benefit of FSIS import reinspection.
RELATED NEWS
Follow RTT