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 $1.69 on revenue of $3.82B. Analysts polled by Investing.com expected EPS of $1.64 on revenue of $3.78B. .
For the year, TE Connectivity shares are up 30%, outperforming the S&P 500 which is up 21.8% year to date.
TE Connectivity follows other major Technology sector earnings this month
On Tuesday, Alphabet C reported third quarter EPS of $27.99 on revenue of $65.12B, compared to forecasts of EPS of $23.84 on revenue of $63.47B.
Facebook earnings beat analyst's expectations on Monday, with third quarter EPS of $3.22 on revenue of $29.01B. Investing.com analysts expected EPS of $3.19 on revenue of $29.58B
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