Teledyne shares soar after second quarter earnings beat estimates

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Teledyne shares soar after second quarter earnings beat estimates

By Staff Report / Wednesday, July 24th, 2019 / Comments Off on Teledyne shares soar after second quarter earnings beat estimates

Shares for Teledyne Technologies soared past $300 July 24 on news of better-than-expected second quarter earnings and increased full-year guidance. The Thousand Oaks tech conglomerate reported a 6.8 percent increase in net sales year-over-year to $782 million, topping average analyst estimates of $775.4 million. Net income soared 22 percent compared to the previous second quarter…

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