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Strong earnings and upward guidance indicate solid company performance, similar to past cases where TDY thrived post earnings.
What happened, with direct paths to the underlying reporting
TDY's Q3 sales grew 6.7% YoY, reaching $1.54 billion. Adjusted EPS of $5.57 surpassed analysts' expectations. Record new orders driven by backlog growth at Teledyne FLIR. Q4 adjusted EPS guidance raised to $5.73–$5.88. Price targets adjusted post-earnings; some analysts remain bullish.
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