TE Connectivity (TEL) Q1 Earnings Surpass Estimates

Core Viewpoint - TE Connectivity (TEL) reported quarterly earnings of $1.95 per share, exceeding the Zacks Consensus Estimate of $1.89 per share, and showing an increase from $1.84 per share a year ago, indicating a 3.17% earnings surprise [1] Financial Performance - The company posted revenues of $3.84 billion for the quarter ended December 2024, which was 1.92% below the Zacks Consensus Estimate, and slightly up from $3.83 billion year-over-year [2] - Over the last four quarters, TE Connectivity has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - TE Connectivity shares have increased approximately 3.7% since the beginning of the year, outperforming the S&P 500's gain of 2.9% [3] Future Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $2 on revenues of $4.1 billion, and for the current fiscal year, it is $8.10 on revenues of $16.48 billion [7] Industry Context - The Zacks Industry Rank for Electronics - Miscellaneous Components is in the top 38% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]