Sensor manufacturer TE Connectivity beat Wall Street estimates for fourth-quarter revenue on Wednesday, buoyed by heightened demand for components from electric vehicle makers.
TEL's fourth-quarter 2024 earnings results are likely to reflect the benefits of strong Transportation and Communications segments.
TE Connectivity (TEL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
TE Connectivity (TEL) is a high-quality, investment-grade company with a strong balance sheet, high profitability, and significant cash generation, warranting a buy rating. Despite modest revenue growth, TEL's EPS is up 12% due to improving margins, efficiencies, and aggressive share buy-backs. TEL's focus on AI and electrification, particularly in communications and industrial segments, positions it well for future growth despite current automotive market sluggishness.
Beyond analysts' top -and-bottom-line estimates for TE Connectivity (TEL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
TE Connectivity (TEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TE Connectivity (TEL) reported earnings 30 days ago. What's next for the stock?
Global electronics company TE Connectivity has agreed to pay $5.8 million to settle with the U.S. Department of Commerce for illegally shipping items to parties tied to Chinese hypersonics, drone and military electronics programs.
TE Connectivity's (TEL) fiscal third-quarter performance benefits from the strong margin expansion.
While the top- and bottom-line numbers for TE Connectivity (TEL) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
TE Connectivity (TEL) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.77 per share a year ago.
TE Connectivity (TEL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.