TE Connectivity (TEL) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - TE Connectivity (TEL) reported revenue of $4.07 billion for the quarter ended September 2024, marking a year-over-year increase of 0.8% and exceeding the Zacks Consensus Estimate of $4.01 billion by 1.47% [1] - The company's EPS for the quarter was $1.95, compared to $1.78 a year ago, aligning with the consensus EPS estimate [1] Revenue Performance by Segment - Transportation Solutions net sales were $2.31 billion, slightly below the average estimate of $2.32 billion, reflecting a year-over-year decline of 4.2% [3] - Communications Solutions net sales reached $577 million, surpassing the estimated $556.13 million, with a significant year-over-year increase of 24.6% [3] - Industrial Solutions net sales were $1.18 billion, exceeding the average estimate of $1.13 billion, showing a year-over-year growth of 1.8% [3] Adjusted Operating Income - Adjusted Operating Income for Communications Solutions was $125 million, above the average estimate of $113.16 million [3] - Adjusted Operating Income for Transportation Solutions was $446 million, below the average estimate of $474.50 million [3] - Adjusted Operating Income for Industrial Solutions was $184 million, exceeding the average estimate of $171.44 million [3] Stock Performance - TE Connectivity shares have returned +3.5% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]