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Fly News Breaks for January 30, 2020
TEL
Jan 30, 2020 | 09:09 EDT
SunTrust analyst William Stein raised his price target on TE Connectivity to $102 after its Q1 earnings beat and in-line Q2 guidance, saying the company's "stable" outlook also marked its first in eight quarters. The analyst adds that the guidance may even be "conservative" unless coronavirus changes the demand trajectory, though he keeps his Hold rating on the shares due to valuation.
News For TEL From the Last 2 Days
TEL
Apr 24, 2024 | 06:49 EDT
Sees Q3 revenue $4B, consensus $4.11B. The company said, "For the third quarter of fiscal 2024, the company expects net sales of approximately $4.0 billion. GAAP EPS from continuing operations are expected to be approximately $1.71, up 2% year over year, with adjusted EPS of approximately $1.85, up 5% year over year. Third quarter guidance includes a $0.15 year-over-year headwind from tax and currency exchange rates."
