What to Expect From TE Connectivity's Next Quarterly Earnings Report

Valued at a market cap of $45.2 billion, TE Connectivity plc (TEL) manufactures and sells connectivity and sensor solutions. The Switzerland-based company partners with customers in a broad array of industries, including consumer electronics, energy, healthcare, automotive, aerospace, and communication networks, and is expected to announce its fiscal Q4 earnings results before the market opens on Wednesday, Oct. 30. 

Ahead of this event, analysts project the tech company to report a profit of $1.94 per share, up 9% from $1.78 per share in the year-ago quarter. The company has consistently surpassed Wall Street's bottom-line estimates in the last four quarters. Its adjusted earnings of $1.91 per share in the last quarter outpaced the consensus estimates by 2.7% and increased 8% from a year ago, thanks to the company’s 200 bps expansion in adjusted operating margin driven by strong operational performance.