earnings
confidence high
sentiment positive
materiality 0.85
TE Connectivity Q4 adj EPS $1.78 beats guidance; record FCF $945M; Q1 outlook up >10%
TE Connectivity plc
2023-FY EPS reported
$6.03
revenue$16,034,000,000
- Q4 GAAP EPS $1.75, adjusted EPS $1.78 (+2% YoY); revenue $4.0B flat YoY.
- Record quarterly free cash flow $945M; full year record $2.4B.
- Full year organic sales +3%; cash from ops $3.1B; returned ~$1.7B to shareholders.
- Q1 FY2024 guidance: sales ~$3.85B, adj EPS ~$1.70 (+10%+ YoY).
- Orders $3.9B with sequential growth in Transportation and Communications segments.