TE Connectivity: Fiscal Q4 Earnings Snapshot

GALWAY, Ireland (AP) — GALWAY, Ireland (AP) — TE Connectivity Ltd. (TEL) on Wednesday reported fiscal fourth-quarter profit of $900 million.

The Galway, Ireland-based company said it had profit of $3.09 per share. Earnings, adjusted for one-time gains and costs, came to $3.14 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.08 per share.

The electronics maker posted revenue of $5.31 billion in the period.

For the year, the company reported profit of $3.25 billion, or $11.06 per share. Revenue was reported as $19.89 billion.

For the current quarter ending in December, TE Connectivity expects its per-share earnings to be $3.30.

The company said it expects revenue in the range of $5.35 billion for the fiscal first quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TEL at https://www.zacks.com/ap/TEL