Benzinga | Oct 28, 2020 06:13AM EDT

TE Connectivity Q4 Adj. EPS $1.16 Beats $0.84 Estimate, Sales $3.26B Beat $2.87B Estimate

TE Connectivity (NYSE:TEL) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $0.84 by 38.1 percent. This is a 12.78 percent decrease over earnings of $1.33 per share from the same period last year. The company reported quarterly sales of $3.26 billion which beat the analyst consensus estimate of $2.87 billion by 13.62 percent. This is a 1.18 percent decrease over sales of $3.30 billion the same period last year.