TE Connectivity: Fiscal First Quarter Earnings Overview

TE Connectivity Announces Strong First-Quarter Results

TE Connectivity Ltd., headquartered in Galway, Ireland, has reported a net profit of $750 million for its fiscal first quarter.

The company achieved earnings of $2.53 per share, with adjusted earnings—excluding amortization and restructuring expenses—reaching $2.72 per share.

These figures surpassed analysts’ expectations, as the consensus from five Zacks Investment Research analysts had projected earnings of $2.54 per share.

TE Connectivity also reported quarterly revenue of $4.67 billion, outperforming the $4.51 billion estimate from four Zacks analysts.

Looking ahead to the quarter ending in March, the company anticipates earnings of $2.65 per share.

Revenue for the upcoming fiscal second quarter is forecasted to be approximately $4.7 billion.