TDY · PEAD → 6

Teledyne Technologies reported Q3 2026 EPS of $6.72 on 2026-10-21, beating the $6.15 consensus by $0.57 (+9.3%).

Print-day reaction was −0.33% versus the prior close, a muted fade despite the meaningful earnings beat. The overnight gap into T+1 recovered 0.73%, suggesting the initial softness did not carry into after-hours sentiment. Over the subsequent two trading days, however, the stock drifted +4.03% from the T+1 close through the T+3 close — a sharp reversal of the initial negative reaction. Cumulative abnormal return of +2.58% versus SPY.US sits just below the +3% PEAD long threshold, placing this in neutral territory; direction is none, conviction 6, with the observation window running through 2027-01-18.