TE Connectivity Ltd. provides earnings guidance for the fourth quarter of fiscal 2022. The company expects net sales of approximately $4.2 billion, reflecting an approximate 10% increase on a reported basis and an approximate 15% increase on an organic basis year over year. GAAP EPS from continuing operations are expected to be approximately $1.79, down 25% year over year, with adjusted EPS of approximately $1.85, up 9% year over year. The outlook includes the impact of an extra week in the fourth quarter.
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5-day change | 1st Jan Change | ||
150.9 USD | +0.58% | -0.09% | +7.38% |
May. 24 | Evercore ISI Adjusts Price Target on TE Connectivity to $175 From $160 | MT |
May. 23 | TE Connectivity Reportedly Mulls $2 Billion Sale of Medical Unit | CI |
EPS Revisions
1st Jan change | Capi. | |
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+7.38% | 46.2B | |
+195.53% | 5.63B | |
-8.60% | 2.63B | |
-6.68% | 2.68B | |
+134.02% | 1.49B | |
-33.98% | 1.06B | |
-11.44% | 973M | |
+48.59% | 950M | |
-19.76% | 860M | |
-23.36% | 857M |
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