TE Connectivity Q4 sales beats on industrial, transportation segments growth

TE Connectivity

28/10/2026 10:10

Overview
Ireland industrial tech firm's fiscal Q4 sales rose 12%, slightly beating analyst expectations
Adjusted EPS for fiscal Q4 grew over 21%, beating analyst expectations
Company's growth driven by Industrial and Transportation segment performance

Outlook
TE Connectivity expects Q1 FY27 sales of $5.35 bln, up 15% year over year
Company sees Q1 FY27 GAAP EPS at $3.04, adjusted EPS at $3.30
Company expects full-year organic sales growth similar to FY26 performance

Result Drivers
SEGMENT GROWTH - Co said Q4 sales growth was driven by strong performance in Industrial and Transportation segments
AI INVESTMENTS - Co said Industrial Solutions segment benefited from customer AI investments
OPERATIONAL PERFORMANCE - Co attributed higher operating margins to strong operational performance across segments

Company press release: ID:nPn524GVfa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Beat*
$5.31 bln
$5.28 bln (16 Analysts)
Q4 Adjusted EPS
Beat
$3.14
$3.07 (16 Analysts)
Q4 EPS from continuing operations
 
$3.10
 
Q4 Net Income
 
$900 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for TE Connectivity PLC is $251.50, about 11.6% above its October 27 closing price of $225.35
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)