TE Connectivity PLC Registered Shares
TEL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Q$ | LOCK|btQ^ | LOCK|!ytB$l |
TE Connectivity Earnings: Good Execution Continues, but Macro Uncertainty Tempers Our Optimism
TE Connectivity's March-quarter results came in well above guidance. Revenue rose 4% year over year to $4.14 billion, and non-GAAP operating margin rose 90 basis points year over year to 19.4%. June-quarter guidance implies 4% sequential revenue growth to $4.3 billion.
