This Electronics Maker Crushed Earnings. It's One of the S&P 500's Top Stocks Today. -- Barrons.com

Dow Jones01-21

By Nate Wolf

Shares of Teledyne Technologies rose Wednesday after the maker of electronic instruments reported better-than-expected quarterly earnings.

The company, which makes devices for digital imaging, satellites, and aerospace and defense systems, reported adjusted earnings of $6.30 a share for the fourth quarter. Analysts had expected $5.83 a share, according to FactSet. Net sales totaled $1.6 billion, up 7.3% from the prior year and ahead of Wall Street's call for $1.57 billion.

Teledyne stock rose 3.4%, putting it among the top five premarket gainers in the S&P 500.

It was a milestone quarter for the company, which posted record highs for quarterly orders, sales, operating margin, and adjusted earnings. Wins in the defense and aerospace segment played a major role, with sales jumping 40.4% from the prior year.

"Throughout Teledyne, our defense businesses remained healthy, and our shorter cycle commercial businesses continued to recover with most product families increasing either sequentially or year-over-year," said Robert Mehrabian, the company's executive chairman.

Teledyne guided for adjusted per-share earnings of $23.45 to $23.85 in 2026. That range represents a jump from adjusted earnings of $21.99 a share in 2025.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

January 21, 2026 08:54 ET (13:54 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment