Compared to Estimates, TE Connectivity (TEL) Q1 Earnings: A Look at Key Metrics

Core Insights - TE Connectivity (TEL) reported revenue of $3.84 billion for the quarter ended December 2024, reflecting a year-over-year increase of 0.1% and an EPS of $1.95 compared to $1.84 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $3.91 billion, resulting in a surprise of -1.92%, while the EPS exceeded expectations by +3.17% against a consensus estimate of $1.89 [1] Financial Performance - Net sales in the Transportation Solutions segment were $2.24 billion, below the average estimate of $2.34 billion, marking a year-over-year decline of -5.5% [4] - In contrast, the Industrial Solutions segment reported net sales of $1.59 billion, surpassing the average estimate of $1.30 billion, with a significant year-over-year increase of +55.4% [4] - Adjusted Operating Income for Transportation Solutions was $478 million, slightly above the estimated $468.40 million, while Industrial Solutions reported $267 million, exceeding the average estimate of $199.89 million [4] Market Performance - Over the past month, TE Connectivity shares returned +1.9%, compared to a +2.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]