Shares of TE Connectivity TEL wer flat in pre-market trading after the company reported Q3 results.
Quarterly Results
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
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.