TE Connectivity PLC Registered Shares
TEL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|>B | LOCK|lCL$> | LOCK|>GzBSL! |
TE Connectivity Earnings: We Focus on Strong Results and Positioning Despite Market Optics Pessimism
TE Connectivity's good fiscal third-quarter results came in above guidance, with broad-based demand across end markets and strong AI growth. Sales rose 14% year over year to $5.2 billion. Profitability also expanded, with a non-GAAP operating margin of 21.9%, up 200 basis points year over year.
