Teledyne beats Q2 profit expectations, raises FY EPS forecast

Overview

• Teledyne Q2 2025 sales rise 10.2% to $1.51 bln, beating expectations

• Adjusted EPS for Q2 2025 exceeds analyst estimates, per LSEG data

• Co, which makes aerospace and defense electronics, raises full year EPS outlook

• Co increases stock repurchase authorization to $2.0 bln, replacing previous authorization

Outlook

• Teledyne raises full-year 2025 GAAP EPS outlook to $17.59-$17.97 from prior outlook of $17.35 to $17.83

• Teledyne sees full-year 2025 non-GAAP EPS of $21.20-$21.50 compared with prior outlook of $21.10 to $21.50

• Company expects Q3 2025 GAAP EPS between $4.39 and $4.54

• Company anticipates Q3 2025 non-GAAP EPS of $5.35-$5.45

Result Drivers

• ORGANIC GROWTH - Teledyne reports organic sales growth in every segment, contributing to record quarterly sales

• ACQUISITIONS - Incremental sales from recent acquisitions added $70.1 mln to Q2 2025 sales

• ACCELERATED DEMAND - Co attributes strong Q2 results partly to accelerated demand amid uncertain global trade policies

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the electronic equipment & parts peer group is "buy"

• Wall Street's median 12-month price target for Teledyne Technologies Inc is $555.00, about 0.2% below its July 22 closing price of $555.95

• The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw5PJZP6a