TE Connectivity (TEL) reported earnings 30 days ago. What's next for the stock?
TE Connectivity said on Wednesday it would buy Richards Manufacturing Co from funds managed by Oaktree Capital Management and members of the Bier family for about $2.3 billion in cash, aiming to expand in the energy market.
TE Connectivity is buying electrical products maker Richards Manufacturing for $2.3 billion.
Examine the evolution of TE Connectivity's (TEL) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
TE Connectivity's first-quarter fiscal 2025 results reflect sluggishness in the transportation segment.
TEL's first-quarter fiscal 2025 earnings increase year over year, driven by expanding margins.
TE Connectivity plc (NYSE:TEL ) Q1 2025 Earnings Conference Call January 22, 2025 8:30 AM ET Company Participants Sujal Shah - Vice President, Investor Relations Terrence Curtin - Chief Executive Officer Heath Mitts - Chief Financial Officer Conference Call Participants Mark Delaney - Goldman Sachs Scott Davis - Melius Research Amit Daryanani - Evercore ISI Wamsi Mohan - Bank of America Steven Fox - Fox Advisors Kosta Tasoulis - Wells Fargo William Stein - Truist Securities Asiya Merchant - Citigroup Luke Junk - Baird Joe Giordano - TD Cowen Saree Boroditsky - Jefferies Samik Chatterjee - JPMorgan Joe Spak - UBS Operator Everyone, thank you for standing by, and welcome to the TE Connectivity First Quarter Earnings Call for Fiscal Year 2025. At this time, all lines are in a listen-only mode.
The headline numbers for TE Connectivity (TEL) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
TE Connectivity (TEL) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $1.84 per share a year ago.
TEL's first-quarter fiscal 2025 results are likely to reflect the benefits of strong Communications Solutions and Industrial Solutions segments sales.
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