Q4 2018

TE Connectivity Ltd (NYSE:TEL) issued its quarterly earnings results on Wednesday, October, 31st. The electronics maker reported $1.35 EPS for the quarter, beating the Zacks consensus estimate of $1.33 by $0.02. The electronics maker had revenue of $3.51 billion for the quarter, compared to analysts' expectations of $3.65 billion. TE Connectivity had a net margin of 17.69% and a return on equity of 20.06%. The firm's quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.25 earnings per share.

NYSE:TEL - Stock Price, News, & Analysis for TE Connectivity

"Our strong fourth quarter results capped off an outstanding year, with fiscal-year sales up 9 percent organically and adjusted EPS up 26 percent. This performance, which was well above our business model targets, includes 100 points of adjusted operating margin expansion and reflects our success in capitalizing on positive content trends in what has been a balanced global growth environment," said TE Connectivity CEO Terrence Curtin. "I am proud of our results in 2018, which were driven by strong execution of our strategy and excellent teamwork from our employees worldwide. As a result of this strong performance, we also earned external recognition, including being named by Fortune as both a Worlds Most Admired Company and a Global Company Changing the World."
TE Connectivity announces fourth quarter and full year results for fiscal year 2018 | TE Connectivity