Thomas & Betts Corp. (TNB) reported third quarter EPS of $0.61 Thursday morning, which topped the consensus estimate of $0.56. The company now expects to report full year 2009 EPS of $2.10 to $2.25, compared to prior expectations of $2.10 to $2.40. The consensus estimate is for EPS of $2.04.
Thomas & Betts Corp. gapped up Thursday and has continued to climb on above average volume. Shares are now up 1.93 at $34.25. The stock has risen past resistance and is now trading at a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.