(RTTNews) - Thomas & Betts Corp. (TNB:
News ) 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 open higher Thursday and climbed until mid-morning. The stock closed up by $2.24 at $34.56 on the highest volume in 3 months. Shares have been gaining ground for the last 2 1/2 weeks and finished at a new high for the year.
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by RTT Staff Writer
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