TE Connectivity Expects Q1 Net Sales Of $3.9B Vs $3.94B Est, Adj EPS Of $1.88 Vs $1.90 Est
Portfolio Pulse from Benzinga Newsdesk
TE Connectivity has released its financial outlook for the first quarter of fiscal year 2025, expecting net sales of $3.9 billion and adjusted EPS of $1.88, slightly below analyst estimates.
October 30, 2024 | 10:08 am
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TE Connectivity's Q1 FY25 financial outlook shows expected net sales of $3.9 billion and adjusted EPS of $1.88, both slightly below analyst estimates of $3.94 billion and $1.90 respectively.
TE Connectivity's guidance for Q1 FY25 shows both net sales and adjusted EPS slightly below analyst expectations. This could lead to a negative short-term impact on the stock price as investors may react to the lower-than-expected figures.
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