Analysts anticipate TE Connectivity to report an earnings per share (EPS) of $1.94.
Anticipation surrounds TE Connectivity's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Performance in Previous Earnings
In the previous earnings release, the company beat EPS by $0.05, leading to a 1.47% drop in the share price the following trading session.
Here's a look at TE Connectivity's past performance and the resulting price change:
Quarter
Q3 2024
Q2 2024
Q1 2024
Q4 2023
EPS Estimate
1.86
1.83
1.71
1.76
EPS Actual
1.91
1.86
1.84
1.78
Price Change %
-1.0%
0.0%
0.0%
1.0%
Stock Performance
Shares of TE Connectivity were trading at $150.87 as of October 28. Over the last 52-week period, shares are up 23.52%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analysts' Perspectives on TE Connectivity
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding TE Connectivity.
With 3 analyst ratings, TE Connectivity has ...
