TE Connectivity earnings beat by $0.07, revenue topped estimates

TE Connectivity, a telecommunications company listed on the New York Stock Exchange under the ticker symbol TEL, has reported strong financial results for its latest quarter. The company's earnings per share (EPS) for the period amounted to $3.14, surpassing analysts' expectations by a modest $0.07. Revenue for the quarter reached $5.3 billion, exceeding the consensus estimate of $5.27 billion.

Looking ahead, TE Connectivity anticipates EPS of $3.30 for the first quarter of 2027, which is higher than the analyst consensus of $2.99. Additionally, the company expects revenue of $5.35 billion for the same period, surpassing the analyst consensus of $5.12 billion.

The company's stock price closed at $225.35 on the day of the earnings report. Over the past three months, TE Connectivity's stock has shown a positive trend, increasing by 9.56%. However, over the past 12 months, the stock price has declined by 6.40%.

In the past 90 days, TE Connectivity has received 13 positive EPS revisions and only 1 negative EPS revision. This positive market sentiment may be attributed to the company's strong financial performance.

TE Connectivity's financial health has been rated as "great" according to InvestingPro, indicating that the company is performing well financially. Investors and analysts can monitor TE Connectivity's future earnings reports and financials by visiting Investing.com's earnings calendar.