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Shares of TE Connectivity (NYSE:TEL) wer flat in pre-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share decreased 60.67% over the past year to $0.59, which beat the estimate of $0.40.
Revenue of $2,548,000,000 declined by 24.82% from the same period last year, which beat the estimate of $2,410,000,000.
Guidance
Q4 revenue expected to be between $2,803,000,000 and $2,803,000,000.
Details Of The Call
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Date: Jul 29, 2020
Time: 08:30 AM
Technicals
52-week high: $101.00
52-week low: $48.62
Price action over last quarter: Up 10.88%
Company Overview
TE Connectivity is a leader in the global connectors and sensors industry. TE manufactures and designs products that connect and protect the flow of power and data inside millions of products used by consumers and industries, particularly in mission-critical applications that face harsh environments and require unwavering reliability. The company operates in three segments: transportation, industrial, and communications.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.