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 | ||
148.2 USD | -0.62% | -1.47% | +5.47% |
24/05 | Evercore ISI Adjusts Price Target on TE Connectivity to $175 From $160 | MT |
23/05 | TE Connectivity Reportedly Mulls $2 Billion Sale of Medical Unit | CI |
EPS Revisions
1st Jan change | Capi. | |
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+5.47% | 45.66B | |
+176.49% | 5.43B | |
-5.70% | 2.66B | |
-9.16% | 2.59B | |
+122.53% | 1.43B | |
-28.35% | 1.12B | |
-9.37% | 997M | |
+11.00% | 993M | |
+38.56% | 908M | |
-18.69% | 887M |
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