Teledyne Technologies Guides Q1 Well Below Estimates - Update

RTTNews | hace 646
Teledyne Technologies Guides Q1 Well Below Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, Teledyne Technologies Inc. (TDY) initiated earnings and adjusted earnings guidance for the first quarter and for the full-year 2024.

For the first quarter, the company expects earnings in a range of $3.73 to $3.86 per share and adjusted earnings in a range of $4.55 to $4.65 per share.

Looking ahead to fiscal 2024, the company now projects earnings in a range of $17.15 to $17.53 per share and adjusted earnings in a range of $20.35 to $20.68 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $5.04 per share for the first quarter and $20.68 per share for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
FTSE 100 Modestly Lower; Bank Stocks Among Notable Losers

FTSE 100 Modestly Lower; Bank Stocks Among Notable Losers

The UK stock market's benchmark index FTSE 100 is down in negative territory on Friday, weighed down by losses in the banking sector. After nine successive days of gains, the index looks likely to settle on a weak note today.
RTTNews | hace 29 minutos
CAC 40 Modestly Lower In Cautious Trade After Inflation Data

CAC 40 Modestly Lower In Cautious Trade After Inflation Data

The French market is modestly lower on Friday with investors reacting to regional inflation data, and recent earnings updates and central bank policy decisions, in addition to weighing the developments on trade and geopolitical fronts.
RTTNews | hace 1h 21min
UK Nationwide House Price Growth Softens

UK Nationwide House Price Growth Softens

UK house prices increased at a slower pace in October as buyers were cautious ahead of the budget, data from the Nationwide Building Society showed Friday. House price posted a monthly growth of 0.3 percent in October, slower than the 0.5 percent rise seen a month ago. Nonetheless, the figure was better than the forecast of nil growth.
RTTNews | hace 1h 26min
DAX Drops To 2-month Low

DAX Drops To 2-month Low

German stocks are down in negative territory on Friday and the benchmark DAX is near two-month lows, as investors, assessing the recent interest rate decisions of the major central banks, and the developments on the trade front, remain cautious and mostly making cautious moves.
RTTNews | hace 2h 10min
European Shares Subdued Before Key Inflation Reading

European Shares Subdued Before Key Inflation Reading

European stocks drifted lower on Friday, and the euro consolidated losses ahead of key Eurozone inflation data due later in the day. Earlier in the day, data showed that French consumer price inflation slowed further below the European Central Bank's target in October despite an unexpectedly strong upswing in the economy.
RTTNews | hace 3h 37min