TE Connectivity announces results for first quarter of fiscal year 2019

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TE Connectivity (TEL) PT Lowered to $91 at Macquarie Following 1Q

January 24, 2019 7:39 AM EST

Macquarie analyst Maynard Um lowered the price target on TE Connectivity (NYSE: TEL) to $91.00 (from $95.00) while maintaining a Outperform rating following the company's 1Q. FY19Q1 revenuyes and EPS were $3.35b/$1.29 vs. prior estimates of $3.38b/$1.29 (Street at $3.38b/$1.28). Midpoint of FY19 guidance... More

TE Connectivity (TEL) PT Lowered to $87 at RBC Capital

January 23, 2019 12:39 PM EST

RBC Capital analyst Amit Daryanani lowered the price target on TE Connectivity (NYSE: TEL) to $87.00 (from $92.00) while maintaining a Outperform rating.

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TE Connectivity (TEL) Tops Q1 EPS by 1c, Revenue Miss; Offers FY19 EPS/Revenue Guidance Below Consensus

January 23, 2019 6:02 AM EST

TE Connectivity (NYSE: TEL) reported Q1 EPS of $1.29, $0.01 better than the analyst estimate of $1.28. Revenue for the quarter came in at $3.35 billion versus the consensus estimate of $3.39 billion.

Net sales were $3.35 billion, flat as reported, and up 2 percent organically from the first quarter of 2018Diluted earnings per share (EPS) from continuing... More