Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Molex Q3 Profit Drops - Quick Facts

Molex Inc. (MOLX: Quote) posted third-quarter net income of $64.9 million or $0.36 per share compared to $68.1 million or $0.39 per share last year.

Quarterly revenues fell to $837.1 million from $874.5 million in the prior year.

Analysts polled by Thomson Reuters expected the company to earn $0.34 per share on revenues of $848.61 million for the quarter. Analysts' estimates typically exclude special items.

Click here to receive FREE breaking news email alerts for Molex Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
With a substantial decrease in energy prices more than offsetting higher prices for food and shelter, the Labor Department released a report on Wednesday showing an unexpected drop in U.S. consumer prices in the month of August. After ending the previous session notably higher, stocks may show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures down by just 2 points. Policymakers of the Bank of England split on the rate decision in September as two members repeated their call for a quarter- point hike given the rapid absorption of slack with economic growth. The British unemployment rate continued to fall in July, reaching the lowest since late 2008, and jobless claims declined more than expected in August.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.