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Valued at $45.8 billion by market cap and headquartered in Switzerland, TE Connectivity Ltd. (TEL) is a leading manufacturer specializing in products that facilitate the seamless transmission and protection of power and data. With partnerships spanning consumer electronics, energy, healthcare, automotive, aerospace, and communication networks, TE Connectivity operates through three core segments: Transportation Solutions, Industrial Solutions, and Communication Solutions. The company is set to announce its Q3 earnings for fiscal 2024 on Wednesday, Jul. 24.
Ahead of the event, analysts expect TE Connectivity to report a profit of $1.86 per share, up 5.1% from $1.77 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of the last four quarters.