Benzinga | Oct 28, 2020 07:43AM EDT

Recap: TE Connectivity Q4 Earnings



Shares of TE Connectivity (NYSE:TEL) fell 0.1% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 12.78% over the past year to $1.16, which beat the estimate of $0.84.

Revenue of $3,261,000,000 declined by 1.18% from the same period last year, which beat the estimate of $2,870,000,000.

Guidance

Q1 EPS expected between $1.25 and $1.25.

Q1 revenue expected between $3,200,000,000 and $3,200,000,000.

Details Of The Call

Date: Oct 28, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.google.com%2Furl%3Fq%3Dhttps%253A%252F%252Fevent.on24.com%252Fwcc%252Fr%252F2393498%252FC5A1636003A2DEA9DDA1B46B5C64D934%26sa%3DD%26source%3Dcalendar%26usd%3D2%26usg%3DAOvVaw0gP3UrSNqWpDzwtIUY9wb2&eventid=2393498&sessionid=1&key=C5A1636003A2DEA9DDA1B46B5C64D934&regTag=&sourcepage=register

Recent Stock Performance

52-week high: $109.27

52-week low: $48.62

Price action over last quarter: Up 13.98%

Company Description

TE Connectivity is a leader in the global connectors and sensors industry. TE manufactures and designs products that connect and protect the flow of power and data inside millions of products used by consumers and industries, particularly in mission-critical applications that face harsh environments and require unwavering reliability. The company operates in three segments: transportation, industrial, and communications.