TE Connectivity announces third quarter results for fiscal year 2021

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TE Connectivity (TEL) PT Raised to $170 at Jefferies

July 29, 2021 8:11 AM EDT

Jefferies analyst David Kelley raised the price target on TE Connectivity (NYSE: TEL) to $170.00 (from $160.00) while maintaining a Buy rating.

The analyst commented, "3Q adj. EPS of $1.79 beat (JEFE of $1.61, consensus of $1.58) while 4Q guide outpaced expectations. We expect continued channel replenishment as... More

TE Connectivity (TEL) Tops Q3 EPS by 21c

July 28, 2021 6:16 AM EDT

TE Connectivity (NYSE: TEL) reported Q3 EPS of $1.79, $0.21 better than the analyst estimate of $1.58. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.74 billion.

GUIDANCE:

TE Connectivity sees Q4 2021 EPS of $1.65, versus the consensus of $1.54. TE... More