TE Connectivity Plc (NYSE:TEL) reported better-than-expected fourth-quarter results on Wednesday.

The company reported quarterly adjusted earnings of $2.44 per share, beating analysts' estimates of $2.29 and rising 25% from $1.95 a year earlier.

Revenue rose 17% to $4.75 billion, exceeding expectations of $4.58 billion and increasing 11% organically, supported by strong performance across the Industrial and Transportation segments.

The company expects its first-quarter adjusted earnings per share to $2.53, up 23% year over year, above the analysts' estimates of $2.17. The company forecast sales of $4.50 billion, up 17% on a reported basis and 11% organically year over year, above the consensus estimate of $4.34 billion.

“Our teams executed at a high level against our business model to deliver ...