Teledyne Technologies Incorporated (TDY) Thursday said it raised full-year 2015 earnings outlook to about $5.13-$5.18 per share from $5.10-$5.17 guided earlier.
For the fourth quarter, the company expects earnings to be approximately $1.25 to$1.30 per share.
In the light of its strong cash flow and balance sheet, the company also plans to buy back shares of about $100 million in the near-term.
For comments and feedback contact: editorial@rttnews.com
Business News