Investing.com - TE Connectivity (NYSE:TEL) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.88 on revenue of $4.36B. Analysts polled by Investing.com forecast EPS of $1.86 on revenue of $4.21B. .
For the year, TE Connectivity shares are down 23.49%, under-performing the S&P 500 which is down 19.09% year to date.
TE Connectivity follows other major Information Technology sector earnings this month
On Thursday, October 27, 2022, Apple reported fourth quarter EPS of $1.29 on revenue of $90.1B, compared to forecasts of EPS of $1.26 on revenue of $88.76B.
Microsoft earnings beat analyst's expectations on Tuesday, October 25, 2022, with first quarter EPS of $2.35 on revenue of $50.1B. Investing.com analysts expected EPS of $2.32 on revenue of $49.86B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar