Teledyne Applied sciences Included TDY is slated to submit fourth-quarter 2024 outcomes on Jan. 22, earlier than market open.
See the Zacks Earnings Calendar to remain forward of market-making information.
Teledyne delivered a four-quarter earnings shock of two.55%, on common. Improved gross sales expectations from nearly all of its enterprise segments are more likely to have boosted TDY’s general fourth-quarter high line. Nonetheless, supply-chain points might need impacted the underside line.
TDY’s Digital Imaging Gross sales Prone to Fall
Robust defense-related gross sales at Teledyne FLIR and stable gross sales quantity for its legacy space-based infrared imaging detectors are anticipated to have boosted the corporate’s Digital Imaging Gross sales unit’s income efficiency. Nonetheless, poor gross sales efficiency from the economic machine imaginative and prescient market might need harm the general top-line development of this phase.
The Zacks Consensus Estimate for the Digital Imaging phase’s fourth-quarter revenues is pegged at $798 million. This means a decline of 0.6% from the highest line reported within the year-ago quarter.
Teledyne Applied sciences Included Value and EPS Shock
Teledyne Technologies Incorporated price-eps-surprise | Teledyne Applied sciences Included Quote
TDY’s Instrumentation Phase: Blended Expectations
The Instrumentation unit’s income efficiency within the fourth quarter is more likely to have benefited from sturdy offshore power and protection market gross sales. Nonetheless, decrease gross sales from its laboratory devices and emission monitoring programs might need harm the general efficiency of this phase to some extent.
The Zacks Consensus Estimate for the Instrumentation phase’s revenues within the fourth quarter is pegged at $351.2 million, implying a year-over-year rise of 4.8%.
TDY’s Aerospace & Protection Electronics Holds Development Potential
On account of quickly rising industrial air visitors in latest instances, stable gross sales of economic aerospace and digital merchandise are anticipated to have bolstered TDY’s Aerospace & Protection Electronics phase’s revenues within the fourth quarter.
The Zacks Consensus Estimate for Aerospace and Protection Electronics’ fourth-quarter revenues is pegged at $192.2 million, calling for development of 4.4% from the highest line reported within the year-ago quarter.
TDY’s Engineered Methods Gross sales Could Stay Robust
Larger gross sales of engineered merchandise and power programs are more likely to have aided Engineered Methods’ revenues.
The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $106.7 million, implying an increase of three.3% from the highest line reported within the year-ago quarter.
This fall Estimates for TDY
With nearly all of Teledyne’s segments anticipated to ship a stable fourth-quarter top-line efficiency, the corporate’s general revenues could be projected to have been sturdy. The Zacks Consensus Estimate for TDY’s revenues is pegged at $1.45 billion, implying an increase of 1.6% from the determine reported within the year-ago quarter.
Regardless of favorable income expectations, persistent supply-chain challenges and inflation affect are more likely to have affected TDY’s general bottom-line efficiency.
The Zacks Consensus Estimate for fourth-quarter earnings is pegged at $5.23 per share, indicating a 3.9% decline from the prior-year reported determine.
What the Zacks Mannequin Unveils for TDY
Our confirmed mannequin doesn’t conclusively predict an earnings beat for Teledyne this time. The mixture of a constructive Earnings ESP and a Zacks Rank #1 (Robust Purchase), 2 (Purchase) or 3 (Maintain) will increase the chances of an earnings beat, which isn’t the case right here, as you will notice beneath.
TDY’s Earnings ESP: Teledyne has an Earnings ESP of 0.00%. You may uncover the most effective shares to purchase or promote earlier than they’re reported with our Earnings ESP Filter.
TDY’s Zacks Rank: Presently, Teledyne carries a Zacks Rank #2.
Shares to Take into account
Under we’ve talked about a couple of gamers from the identical industry which have the proper mixture of parts to beat on earnings this reporting cycle.
Hexcel Company HXL is ready to report fourth-quarter earnings on Jan. 22, after market shut. It has an Earnings ESP of +0.91% and carries a Zacks Rank of three at current. You may see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for HXL’s fourth-quarter earnings is pegged at 51 cents per share, which means an 18.6% enhance from that reported within the prior-year quarter. The Zacks Consensus Estimate for fourth-quarter gross sales is pegged at $470.9 million, which suggests a 2.9% rise from that reported within the prior-year quarter.
Curtiss-Wright Corp. CW is ready to report fourth-quarter earnings on Feb. 12, after market shut. It has an Earnings ESP of +1.29% and a Zacks Rank of three at current.
The Zacks Consensus Estimate for fourth-quarter earnings is pegged at $3.08 per share, whereas that for gross sales is pegged at $785.5 million. The inventory boasts a four-quarter common earnings shock of 12.78%.
FTAI Aviation Ltd. FTAI is slated to report its fourth-quarter 2024 outcomes quickly. It has an Earnings ESP of +0.06% and a Zacks Rank of three at current.
The Zacks Consensus Estimate for FTAI’s fourth-quarter earnings stands at 81 cents per share. The Zacks Consensus Estimate for fourth-quarter gross sales is pegged at $481.4 million, which means a 53.9% enhance from that reported within the prior-year quarter.
7 Finest Shares for the Subsequent 30 Days
Simply launched: Consultants distill 7 elite shares from the present record of 220 Zacks Rank #1 Robust Buys. They deem these tickers “Most Probably for Early Value Pops.”
Since 1988, the complete record has crushed the market greater than 2X over with a mean acquire of +24.1% per 12 months. So you’ll want to give these hand picked 7 your quick consideration.
Hexcel Corporation (HXL) : Free Stock Analysis Report
Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report
Curtiss-Wright Corporation (CW) : Free Stock Analysis Report
FTAI Aviation Ltd. (FTAI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
