The company has projected its revenue for the third quarter of fiscal 2025 to reach $4.3 billion, slightly higher than market expectations of $4.13 billion. This forecast represents an 8% increase from the same period last year.
For the upcoming quarter, the company anticipates a GAAP earnings per share (EPS) from continuing operations of approximately $2.02, marking an almost 9% rise year over year. Additionally, the adjusted EPS is expected to be around $2.06, reflecting an 8% improvement compared to the previous year.
This guidance incorporates several factors impacting the figures, including benefits from the Richards acquisition and assumptions regarding tariff impacts. However, the company also indicated an anticipated tax rate headwind of $0.04 on a year-over-year basis and $0.06 sequentially, which could affect the overall outcome.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for TE Connectivity PLC (TEL, Financial) is $163.07 with a high estimate of $190.00 and a low estimate of $130.00. The average target implies an upside of 22.20% from the current price of $133.45. More detailed estimate data can be found on the TE Connectivity PLC (TEL) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, TE Connectivity PLC's (TEL, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for TE Connectivity PLC (TEL, Financial) in one year is $152.47, suggesting a upside of 14.25% from the current price of $133.45. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the TE Connectivity PLC (TEL) Summary page.
