BRUSSELS (dpa-AFX) - TE Connectivity Ltd. (TEL) reported a profit for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $638 million, or $2.14 per share. This compares with $573 million, or $1.86 per share, last year.
Excluding items, TE Connectivity Ltd. reported adjusted earnings of $676 million or $2.27 per share for the period.
Analysts on average had expected the company to earn $2.08 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 13.9% to $4.534 billion from $3.979 billion last year.
TE Connectivity Ltd. earnings at a glance (GAAP) :
-Earnings: $638 Mln. vs. $573 Mln. last year. -EPS: $2.14 vs. $1.86 last year. -Revenue: $4.534 Bln vs. $3.979 Bln last year.
-Guidance: Next quarter EPS guidance: $2.27
Copyright(c) 2025 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2025 AFX News
