TE Connectivity announces results for third quarter of fiscal year 2019

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TE Connectivity (TEL) Tops Q3 EPS by 8c, Revenues Miss; Offers Q3 & FY19 EPS/Revenue Guidance Below Consensus

July 24, 2019 6:09 AM EDT

TE Connectivity (NYSE: TEL) reported Q3 EPS of $1.50, $0.08 better than the analyst estimate of $1.42. Revenue for the quarter came in at $3.42 billion versus the consensus estimate of $3.44 billion.

Net sales of $3.4 billion, at the low end of the company\'s guidanceDiluted earnings per share (EPS) from continuing operations were $2.24, and adjusted EPS were $1.50,... More