Teledyne Technologies Inc Profit Advances In Q4

(RTTNews) - 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.