TE Connectivity PLC reports results for the quarter ended December 31 - Earnings Summary

TE Connectivity

22/01/2025 14:31

* TE Connectivity PLC  TEL.N  reported quarterly adjusted
earnings
of $1.95​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of $1.84.  The mean expectation of eighteen analysts for the
quarter was for earnings of $1.89 per share. Wall Street
expected results to range from $1.86  to $1.92 per share.
    * Revenue rose 0.1% to $3.84 billion from a year ago;
analysts
expected $3.91 billion. 
    * TE Connectivity PLC's reported EPS for the quarter was
$1.75​.
    * The company reported quarterly net income of $528 million.
    * TE Connectivity PLC shares had risen by 3.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the electronic
equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for TE Connectivity
PLC is $165.00 
This summary was machine generated from LSEG data January 22 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.89           1.95           Beat
 Sep. 30 2024      1.95           1.95           Met
 Jun. 30 2024      1.86           1.91           Beat
 Mar. 31 2024      1.83           1.86           Beat