Looking beyond Wall Street's top -and-bottom-line estimate forecasts for TE Connectivity (TEL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
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Truist analyst William Stein raised the firm's price target on TE Connectivity to $165 from $157 and keeps a Hold rating on the shares. The firm reiterated a cautious semiconductor and artificial intelligence sector view, but is more constructive on Nvidia (NVDA) and Monolithic Power (MPWR) while more cautious on Tesla (TSLA). A new analysis suggests we may have additional downward pressure to estimates, the analyst tells investors in a research note.
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TE Connectivity (TEL) reported earnings 30 days ago. What's next for the stock?
Evaluate TE Connectivity's (TEL) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
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TE Connectivity Ltd. (NYSE:TEL ) Q4 2024 Earnings Conference Call October 30, 2024 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 Amit Daryanani - Evercore ISI Wamsi Mohan - Bank of America Steven Fox - Fox Advisors LLC Scott Davis - Melius Research Mark Delaney - Goldman Sachs Christopher Glynn - Oppenheimer & Co. Inc. Luke Junk - Robert W.
TE Connectivity's fiscal fourth-quarter performance benefits from the strong margin expansion and robust performance across various end markets.
Although the revenue and EPS for TE Connectivity (TEL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
TE Connectivity (TEL) came out with quarterly earnings of $1.95 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.78 per share a year ago.