TE Connectivity Posts Fiscal 2016 Third Quarter Results
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TE Connectivity (TEL) PT Raised to $65 at RBC Capital Following Solid June Qtr
July 20, 2016 1:47 PM EDTRBC Capital analyst Amit Daryanani reiterated an Outperform rating and bumped his price target on TE Connectivity (NYSE: TEL) to $65.00 (from $63.00) following strong Q3 results. The company reported revenue/EPS of $3.1B/$1.08 vs. consensus $3.1B/$1.03.
Daryanani commented, "TEL reported upside to revenue/EPS for Jun-qtr... More
TE Connectivity (TEL) Tops Q3 EPS by 5c; Offers Q4 Outlook
July 20, 2016 7:27 AM EDTTE Connectivity (NYSE: TEL) reported Q3 EPS of $1.08, $0.05 better than the analyst estimate of $1.03. Revenue for the quarter came in at $3.12 billion versus the consensus estimate of $3.13 billion.
OUTLOOK
For the fiscal fourth quarter 2016, the company expects net sales of $3.25 billion... More
