Molex Incorporated (NASDAQ:MOLX) Shows Some Upside Strength, but Limited

Filed in EPS, Gold Bullion prices, Molex, o, silver, Ticonderoga Securities by on January 26, 2011 0 Comments

Molex Incorporated (NASDAQ:MOLX) looks to be operating inline with estimates, but according to Ticonderoga, does have some upside strength, although it will be limited in their view.Ticonderoga says, “Looking into 3QFY11, Molex expects sales of $850-$890 million compared and pro forma EPS of $0.39 to $0.43 (Street at $0.40). At the mid-point of the outlook, sales are expected to decline by 3.5% Q

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