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TE Connectivity PLC reports results for the quarter ended June 30 - Earnings Summary

TE Connectivity PLC TEL.N reported quarterly adjusted earnings of $2.27​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.91.  The mean expectation of sixteen analysts for the quarter was for earnings of $2.07 per share. Wall Street expected results to range from $2.06  to $2.10 per share.

Revenue rose 13.9% to $4.53 billion from a year ago; analysts expected $4.32 billion.

TE Connectivity PLC's reported EPS for the quarter was $2.14​.

The company reported quarterly net income of $638 million.

TE Connectivity PLC shares had risen by 7.0% this quarter and gained 26.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 6 "hold" and no "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 $190.00, about 5% above its last closing price of $180.47

This summary was machine generated from LSEG data July 23 at 01:30 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.072.27Beat
Mar. 31 20251.962.10Beat
Dec. 31 20241.891.95Beat
Sep. 30 20241.951.95Met

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