Earnings call transcript: TE Connectivity beats Q4 2026 forecasts, shares fall

TE Connectivity reported better-than-expected fourth-quarter 2026 results on Friday, but shares fell despite the earnings beat. Adjusted earnings per share came in at $3.14, topping analysts' forecast of $3.07, while revenue of $5.3 billion exceeded predictions of $5.27 billion. Orders rose 29% to $6.1 billion, and full-year adjusted EPS climbed 24% to $11.52.

However, the modest outperformance may have led to a 6.25% drop in the stock to $211.26 in premarket trading, suggesting investors are cautious about TE Connectivity's outlook and valuation. The company sees AI infrastructure, energy, industrial automation, and transportation content as major growth drivers, and management expects another year of double-digit organic sales growth in fiscal 2027.