TE Connectivity Earnings beat, Revenue misses In Q3

  • Investing.com
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TE Connectivity Earnings beat, Revenue misses In Q3
Credit: © Reuters.

Investing.com - TE Connectivity (NYSE: TEL ) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.

The firm reported earnings per share of $1.5 on revenue of $3.39B. Analysts polled by Investing.com forecast EPS of $1.42 on revenue of $3.44B. That compared to EPS of $1.43 on revenue of $3.76B in the same period a year earlier. The company had reported EPS of $1.42 on revenue of $3.41B in the previous quarter.

For the year, TE Connectivity shares are up 20.59%, under-performing the S&P 500 which is up 21.34% year to date.

TE Connectivity follows other major Technology sector earnings this month


On Thursday, July 18, 2019, Microsoft reported fourth quarter EPS of $1.37 on revenue of $33.72B, compared to forecasts of EPS of $1.21 on revenue of $32.77B.

Taiwan Semiconductor earnings matched analyst's expectations on Thursday, July 18, 2019, with second quarter EPS of $0.41 on revenue of $7.76B. Investing.com analysts expected EPS of $0.41 on revenue of $7.62B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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