TE Connectivity Q3 2024 Adj EPS $1.91 Beats $1.86 Estimate, Sales $3.979B Miss $4.013B Estimate
Portfolio Pulse from Benzinga Newsdesk
TE Connectivity reported Q3 2024 adjusted EPS of $1.91, beating the estimate of $1.86. However, sales were $3.979 billion, missing the estimate of $4.013 billion.
July 24, 2024 | 10:03 am
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NEUTRAL IMPACT
TE Connectivity's Q3 2024 earnings report shows a mixed performance with EPS beating estimates but sales missing expectations.
The mixed results, with EPS beating but sales missing estimates, may lead to a neutral short-term impact on TEL's stock price. Investors may weigh the positive EPS against the sales miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100