Equities Analysts Lower Earnings Estimates for TE Connectivity Ltd (TEL)
TE Connectivity Ltd (NYSE:TEL) – Investment analysts at Oppenheimer cut their Q2 2019 earnings per share estimates for shares of TE Connectivity in a report issued on Wednesday, January 23rd. Oppenheimer analyst C. Glynn now forecasts that the electronics maker will post earnings of $1.27 per share for the quarter, down from their prior estimate of $1.40. Oppenheimer also issued estimates for TE Connectivity’s Q3 2019 earnings at $1.41 EPS, Q4 2019 earnings at $1.48 EPS, FY2019 earnings at $5.45 EPS and FY2020 earnings at $6.10 EPS.