Teledyne Technologies Raises FY20 Earnings Outlook - Quick Facts

(RTTNews) - While reporting financial results for the third quarter on Wednesday, Teledyne Technologies Inc. (TDY) raised its earnings guidance for fiscal 2020 to a range of $9.70 to $10.00 per share from the prior forecast range of $9.45 to $10.00 per share.

Based on its current outlook, the company also projected earnings for the fourth quarter to be in the range of $2.56 to $2.86 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.70 per share for the third quarter and $9.71 per share for the year. Analysts' estimates typically exclude special items.