TE Connectivity
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict TE Connectivity's revenues will drop -3.0% and EPS will grow 5.1%.
The average estimate for revenue is $3.39 billion. On the bottom line, the average EPS estimate is $0.83.
Revenue details
Last quarter, TE Connectivity logged revenue of $3.27 billion. GAAP reported sales were 0.5% higher than the prior-year quarter's $3.25 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.76. GAAP EPS of $0.66 for Q2 were 10% higher than the prior-year quarter's $0.60 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 32.2%, 80 basis points better than the prior-year quarter. Operating margin was 13.6%, 60 basis points better than the prior-year quarter. Net margin was 8.5%, 60 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $13.28 billion. The average EPS estimate is $3.16.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TE Connectivity is outperform, with an average price target of $43.56.
Can your portfolio provide you with enough income to last through retirement? You'll need more than TE Connectivity. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add TE Connectivity to My Watchlist.