What To Expect From TE Connectivity plc ($TEL) Q4 Earnings?

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TE Connectivity plc's (NYSE: TEL) fourth quarter financial results release is scheduled for Wednesday 30th October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.

The latest projections from financial analysts on Wall Street suggest that the concern is likely to reveal an estimated $1.94 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $4.02 billion for the period.

Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $1.78 per share. This number was attributed to the company's total revenue, which settled at an impressive $4.04 billion during the same period.

The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $15.78 billion. In addition, they anticipate the company to report profit of $7.55 per share for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q3 2024 $1.91 +7.9% 3.98 B -0.5%
Q2 2024 $1.86 +12.7% 3.97 B -4.6%
Q1 2024 $1.84 +20.3% 3.83 B -0.3%
Q4 2023 $1.78 -5.3% 4.04 B -7.4%
Q3 2023 $1.77 -4.8% 4.00 B -2.4%
*Growth on year-over-year basis

 

In addition, The firm will review the fourth quarter financial results on 30th October 2024 at 08:30 AM eastern time, in a conference call with public.

The previous trading day saw TE Connectivity plc (TEL) shares trading between $149.17 and $151.10, besides a volume of 1.24 million shares. The stock closed Monday's regular trading session at $150.87, showing 1.17 percent advance.