TE Connectivity PLC expected to post earnings of $1.89 a share - Earnings Preview

TE Connectivity

20/01/2025 13:35

* TE Connectivity PLC  TEL.N   TEL  is expected to show a
rise in
quarterly revenue when it reports  results on January 22 for the
period ending December 31 2024
    * The Dublin Ireland; Republic of-based   company is
expected to
report a 1.9% increase in revenue to $3.905 billion from $3.83
billion a year ago, according to the mean estimate from 17
analysts, based on LSEG data.The company's guidance on October
30 2024, for the period ended December 31, was for revenue of
$3.900 billion.
    * ​LSEG's mean analyst estimate for TE Connectivity PLC is
for
earnings of $1.89 per share. The company's EPS guidance on
October 30 2024, for the period ended December 31, was about
USD1.88
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for TE
Connectivity
PLC is $165.00​, above​ its last closing price of $145.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.95        1.95       1.95      Met     0.2
 Jun. 30 2024  1.86        1.86       1.91      Beat    2.7
 Mar. 31 2024  1.83        1.83       1.86      Beat    1.7​
 Dec. 31 2023  1.72        1.71       1.84      Beat    7.5
 ​​Sep.        1.76        1.76       1.78      Beat    1.4
 30 2023                                                
 Jun. 30 2023  1.67        1.66       1.77      Beat    6.6​
 Mar. 31 2023  1.59        1.58       1.65      Beat    4.4
 Dec. 31 2022  1.52        1.51       1.53      Beat    1.4
 This summary was machine generated January 20 at 13:35 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)