TE Connectivity (TEL)

TE Connectivity (TEL; $117.85; E/W) reported FQ4 (Sep) non-GAAP EPS of $1.78, which was slightly ahead of our $1.75 and the Street’s $1.76 on somewhat better than expected sales ($4,035mm vs. our $4,001mm and consensus…

This morning, TE Connectivity (TEL; $129.49; E/W) announced a public tender offer for all outstanding shares of Schaffner (SAHN.CH; CHF493.00; NR), which produces electromagnetic capability (EMC) filters, harmonic filters, and other electromagnetic components for certain…

We bump up F2023/2024E (Sept) EPS for TE Connectivity (TEL; $144.74; E/W) from $6.50/$7.25 to $6.70/$7.30 on the back of a solid FQ3 (Jun) EPS beat with some slightly better than expected FQ4E (Sept) EPS…

TE Connectivity (TEL; $141.20; E/W) reported FQ3 (Jun) non-GAAP EPS of $1.77, which beat our $1.62 and the Street’s $1.66 despite sales that were moderately below what we and the Street expected ($3,998mm vs. our…

We think a now more predictable auto supply chain (40-45% of sales) can go a long way towards finally putting a floor on EPS expectations for TE Connectivity (TEL; $142.77; E/W), when it reports FQ3…

We adjust our F2023/F2024E (Sept) EPS for TE Connectivity (TEL; $120.27; E/W) from $6.60/$7.50 to $6.50/$7.25 after some FQ2 (Mar) upside, albeit with another round of guidance that is below our and Street thinking. Specifically,…

TE Connectivity (TEL; $124.18; E/W) reported FQ2 (Mar) non-GAAP EPS of $1.65, which beat our $1.57 and the Street’s $1.58 on better than expected sales ($4,160mm vs. our $3,900mm and consensus of $3,915mm). By comparison,…

We think TE Connectivity (TEL; $127.75; E/W) produces FQ2 (Mar) results that at least live up to our consensus matching expectations when it reports next Wednesday (4/26 before market). This is mainly because we think…

We modify F2023E (Sept) EPS for TE Connectivity (TEL; $123.57; E/W) from $6.80 to $6.60 (-10% YoY) after FQ1 (Dec) lived up to expectations, albeit with FQ2E (Mar) guidance somewhat below Street thinking, mainly on…

TE Connectivity (TEL; $124.65; E/W) reported FQ1 (Dec) non-GAAP EPS of $1.53 vs. our $1.50 and the Street’s $1.51 on some sales upside that was led by auto markets ($3,841mm vs. our $3,750mm and consensus…

This morning, TE Connectivity (TEL; $122.86; E/W) announced that its Board approved a 5% increase in its quarterly dividend from $0.56 to $0.59 for the four quarters starting in April of C2023 or the start…

We reduce F2023E (Sept) EPS for TE Connectivity (TEL; $113.52; E/W) from $7.60 to $6.80 (vs. $7.33 in F2022) after its basically as expected FQ4 results, albeit with puts and takes, came with FQ1E (Dec)…

TE Connectivity (TEL; $123.44; E/W) reported FQ4 (Sep) non-GAAP EPS of $1.88, which was slightly ahead of our $1.85 and the Street’s $1.87 on somewhat better sales ($4,359mm vs. our $4,203mm and consensus of $4,213mm)….

We see TE Connectivity’s (TEL; $107.52; E/W) record backlog levels protecting against major disappointments, despite rising macro concerns, when it reports its FQ4 (Sept) on 11/2 (before market). However, we expect to see a noticeable…