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Examine the evolution of TE Connectivity's (TEL) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Although the revenue and EPS for TE Connectivity (TEL) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
TE Connectivity beat Wall Street estimates for second-quarter profit on Wednesday, helped by strong demand for its sensor technology from electric vehicle (EV) makers across the globe.
TE Connectivity's orders in its fiscal second quarter outstrip sales for the first time in six quarters. That's bullish for sales growth down the road.
TE Connectivity's (TEL) fiscal second-quarter performance is expected to reflect strength in the Industrial and Transportation segment amid weakness in the Communication segment.
Besides Wall Street's top -and-bottom-line estimates for TE Connectivity (TEL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
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TE Connectivity (TEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TE Connectivity (TEL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Sensor maker TE Connectivity said on Monday it would change its jurisdiction of incorporation to Ireland from Switzerland and plans to merge with its Ireland unit.