Tyco Electronics (TEL) Posts Q3 EPS of $0.70, Tops by 2c; Guides Q4 and FY10 EPS and Revs

July 22, 2010 7:30 AM EDT Send to a Friend
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Tyco Electronics (NYSE: TEL) reports Q3 EPS of $0.70, 2 cents better than the analyst estimate of $0.68. Revenue for the quarter was $3.08 billion, which compares to the estimate of $3.07 billion.

Sees Q4 sales of $3.05 - $3.15 billion and an adjusted EPS of $0.68 - $0.72. Consensus sees sales of $3.04 billion and an EPS of $0.65.

Also sees FY10 sales of about $12 billion and an adjusted EPS of $2.49 - $2.53. Consensus sees sales of $11.95 billion and an EPS of $2.43.

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