TE Connectivity: Q1 Earnings Insights

Shares of TE Connectivity TEL were flat in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 21.49% over the past year to $1.47, which beat the estimate of $1.28.

Revenue of $3,522,000,000 higher by 11.17% from the same period last year, which beat the estimate of $3,260,000,000.

Outlook

Q2 EPS expected to be between $1.47 and $1.47.

Q2 revenue expected to be between $3,500,000,000 and $3,500,000,000.

Conference Call Details

Date: Jan 27, 2021

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fpro.benzinga.com%2F&eventid=2945567&sessionid=1&key=44BA6E5CF5A6BD5774F3DAE9761A9E24&regTag=&V2=false&sourcepage=register

Technicals

52-week high: $131.97

52-week low: $48.62

Price action over last quarter: Up 28.62%

Company Profile

TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, or SKUs, TE Connectivity has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.