RTTNews | Oct 21, 2020 06:59AM EDT

06:59 Wednesday, October 21, 2020 (RTTNews.com) - Teledyne Technologies Inc (TDY) released earnings for third quarter that dropped from last year.

The company's bottom line totaled $93.9 million, or $2.48 per share. This compares with $106.7 million, or $2.84 per share, in last year's third quarter.

Analysts had expected the company to earn $2.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.6% to $749.0 million from $802.2 million last year.

Teledyne Technologies Inc earnings at a glance:

-Earnings (Q3): $93.9 Mln. vs. $106.7 Mln. last year.-EPS (Q3): $2.48 vs. $2.84 last year.-Analysts Estimate: $2.36-Revenue (Q3): $749.0 Mln vs. $802.2 Mln last year.

-Guidance:Next quarter EPS guidance: $2.56 to $2.86Full year EPS guidance: $9.70 to $10.00

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