TE Connectivity Beats Q2 Earnings Estimates, Sees Growth in Orders Across All Segments
TE Connectivity Beats Q2 Earnings Estimates, Sees Growth in Orders Across All Segments
TE Connectivity Ltd (NYSE:TEL) reported a fiscal second-quarter 2024 net sales of $3.97 billion, down by 5% year-on-year, beating the consensus of $3.96 billion.
TE Connectivity Ltd（纽约证券交易所代码：TEL）报告称，2024财年第二季度净销售额为39.7亿美元，同比下降5％，超过市场预期的39.6亿美元。
- The net sales declined by 3% organically.
- Net sales grew by 4% Q/Q and 3% organically Q/Q.
- The adjusted EPS of $1.86 beat the consensus of $1.83.
- Orders were $4 billion, up 6% Q/Q, with sequential growth in all segments.
- Revenue from Transportation Solutions declined by 4% Y/Y to $2.38 billion, Industrial Solutions decreased by 4% Y/Y to $1.14 billion, and Communications Solutions declined by 9.5% Y/Y to $440 million.
- 净销售额有机下降了3％。
- 净销售额季度增长了4％，季度有机增长了3％。
- 调整后的每股收益为1.86美元，超过了市场普遍的1.83美元。
- 订单为40亿美元，环比增长6％，所有细分市场均连续增长。
- 运输解决方案收入同比下降4％，至23.8亿美元，工业解决方案收入同比下降4％，至11.4亿美元，通信解决方案收入同比下降9.5％，至4.4亿美元。
Margin: The adjusted operating margin improved by 250 bps to 18.5%.
利润率：调整后的营业利润率提高了250个基点至18.5％。
TE Connectivity generated $1.1 billion in free cash flow and held $1.18 billion in cash and equivalents as of March 29, 2024.
截至2024年3月29日，TE Connectivity创造了11亿美元的自由现金流，并持有11.8亿美元的现金及等价物。
TE Connectivity CEO Terrence Curtin believes so-called "mega trends" (i.e., hybrid and electric vehicles, renewable energy and artificial intelligence) will be key to "long-term profitable growth."
TE Connectivity首席执行官泰伦斯·科廷认为，所谓的 “大趋势”（即混合动力和电动汽车、可再生能源和人工智能）将是 “长期盈利增长” 的关键。
Outlook: TEL expects third-quarter net sales of $4.0 billion, vs. the consensus of $4.11 billion, and adjusted EPS of $1.85, vs the consensus of $1.92.
展望：TEL预计第三季度净销售额为40亿美元，而市场普遍预期为41.1亿美元，调整后的每股收益为1.85美元，而市场普遍预期为1.92美元。
TE Connectivity stock gained 12% in the last 12 months. Investors can gain exposure to the stock via EA Series Trust Strive U.S. Semiconductor ETF (NYSE:SHOC) and SmartETFs Smart Transportation & Technology ETF (NYSE:MOTO).
TE Connectivity的股票在过去12个月中上涨了12％。投资者可以通过EA Series Trust Strive美国半导体ETF（纽约证券交易所代码：SHOC）和SmarteTFS智能交通与科技ETF（纽约证券交易所代码：MOTO）获得股票敞口。
Price Action: TEL shares are trading lower by 0.85% at $142.00 premarket on the last check Wednesday.
价格走势：周三最后一张支票中，TEL股价盘前下跌0.85％，至142.00美元。
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