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Teledyne Tops Q4 Estimates, Guides Above Views on Defense Surge

Strength in defense electronics, strong imaging performance, record marine instrumentation supported the beat with a confident outlook.

Overview

  • Adjusted earnings were $6.30 per share on revenue of $1.61 billion, beating Wall Street expectations on both profit and sales.
  • GAAP net income reached $275.6 million, or $5.84 per share, with operating margins expanding versus a year earlier.
  • Aerospace and defense electronics net sales jumped 40.4% year over year, leading segment growth.
  • Management projected first‑quarter adjusted EPS of $5.40 to $5.50 and full‑year 2026 of $23.45 to $23.85, slightly ahead of consensus.
  • Shares rose about 3.3% in premarket trading as executives highlighted healthy defense demand, strong Digital Imaging, and record Marine Instrumentation sales including autonomous underwater vehicles.