THOUSAND OAKS, Calif. (AP) — THOUSAND OAKS, Calif. (AP) — Teledyne Technologies Inc. (TDY) on Wednesday reported third-quarter profit of $272.8 million.
The Thousand Oaks, California-based company said it had net income of $5.82 per share. Earnings, adjusted for amortization costs and costs related to mergers and acquisitions, came to $6.72 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $6.15 per share.
The defense and aerospace industry supplier posted revenue of $1.68 billion in the period.
For the current quarter ending in December, Teledyne expects its per-share earnings to range from $6.60 to $6.70.
The company expects full-year earnings in the range of $25.40 to $25.50 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDY at https://www.zacks.com/ap/TDY
