Tyco Electronics' (TEL) Shares Rise on Boosted Q3 Outlook
Tweet
Share
E-mail
Get Alerts TEL Hot Sheet
Price: $203.52 +1.88%
Financial Fact:
Selling, general, and administrative expenses: 367M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Selling, general, and administrative expenses: 367M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Join SI Premium – FREE
Shares of Tyco Electronics (NYSE: TEL) have jumped in this evening's after-hours session following a revised Q3 earnings and sales outlook. After closing today's intraday session at $19.26, the stock most recently traded at $20.70, up more than 7% from the close.
Tyco now sees Q3 sales in the range of $2.45-$2.55 billion, up from $2.35-$2.45 billion previously and versus the analyst estimate of $2.4 billion. For adjusted EPS, Tyco raises its quarterly view from $0.01-$0.06 to $0.10-$0.17. The Street is currently expecting Q3 EPS of $0.03.
Tyco now sees Q3 sales in the range of $2.45-$2.55 billion, up from $2.35-$2.45 billion previously and versus the analyst estimate of $2.4 billion. For adjusted EPS, Tyco raises its quarterly view from $0.01-$0.06 to $0.10-$0.17. The Street is currently expecting Q3 EPS of $0.03.
You May Also Be Interested In
- BJ's Wholesale Club (BJ) Tops Q2 EPS by 19c, Beats on Revenue; Offers FY27 EPS Guidance
- Analog Devices (ADI) Tops Q3 EPS by 11c, Beats on Revenue; Offers Q4 Guidance
- ATRenew Inc (RERE) Tops Q2 EPS by 8c ; Offers Guidance
Create E-mail Alert Related Categories
Guidance, Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
