TE Connectivity Expects First-Quarter Earnings of $3.30 a Share and Revenue of $5.35 Billion
Key Facts
TE Connectivity raised the bar for the first quarter of its 2027 fiscal year, forecasting adjusted earnings of about $3.30 a share and revenue of $5.35 billion, according to Investing.com’s coverage of the company’s results released on October 28, 2026. The earnings outlook exceeds analyst consensus of $2.99 a share, while the revenue guidance tops an estimate of $5.12 billion. The fiscal first quarter ends on December 25, 2026, defining the period covered by the guidance. The figures followed the company’s fourth-quarter earnings and revenue beating estimates. Orders’ year-over-year increase also provided a further indication of the strength in activity surrounding the outlook announcement.
The company reported adjusted fourth-quarter earnings of $3.14 a share, beating analysts’ estimate of $3.07 by $0.07, according to Investing.com coverage attributed to Reuters. Revenue was $5.3 billion, compared with consensus of $5.27 billion. Revenue for the quarter rose 12% year over year from $4.75 billion in the year-earlier period. The performance combined sales growth with a beat on estimates in the same quarter, as the company raised its earnings and revenue outlook for the next period. The quarterly results provide direct context for the new guidance: the company entered the first quarter after ending the fourth quarter above market expectations on both measures.
For fiscal 2026, sales totaled $19.9 billion, up 15% on a reported basis and 12% organically, according to Investing.com. The difference between the growth rates shows that organic growth was lower than reported growth, with both remaining positive for the year. Annual adjusted earnings per share rose 24% to $11.52, from $9.27 in fiscal 2025. These figures provide broader context for the first-quarter outlook, combining sales growth with improved adjusted earnings over the past year. The company says its fiscal 2027 outlook is based on continued organic sales growth at a level matching fiscal 2026’s strong performance.
Industrial Solutions stood out among the growth drivers, with sales rising 26% in fiscal 2026, as the company said customers’ investments in artificial intelligence supported the expansion. Chief Executive Terence Curtin linked the company’s growth to accelerating data and power trends, saying they are “driving customer demand for connectivity innovation.” The statement places the segment’s growth in the context of customer demand for connectivity solutions, without detailing the contribution of each trend separately. The discussion of AI investments coincided with fourth-quarter year-over-year order growth, which the coverage cited as a supporting signal for the outlook. The company’s message thus combined results for the year ended with the demand drivers it said are supporting its upcoming activity.
Orders reached $6.1 billion in the fourth quarter, up 29% year over year, according to Investing.com. In the same period, the company generated $1.2 billion in free cash flow and returned about $800 million to shareholders. These indicators combine order growth, cash generation and the return of some of that cash to investors, alongside the earnings and revenue beats. After the results announcement, the stock rose 1.62% in premarket trading on October 28, according to the same coverage. TEL shares closed at $214.09 on October 21, then $208.42 on October 22 and $208.05 on October 23, before closing at $213.86 on October 26 and $225.35 on October 27, according to EL7 data.
For fiscal 2027, the company expects organic sales growth to match its strong performance in fiscal 2026, according to a statement by Curtin cited by Investing.com. This outlook accompanies a forecast of adjusted earnings of about $3.30 a share and revenue of $5.35 billion for the first quarter. The guidance covers two different time frames: specific figures for the quarter ending December 25, 2026, and a general forecast for organic growth during the fiscal year. The annual outlook is underpinned by organic sales growth of 12% in fiscal 2026, while the company cited customer investments in AI and data and power trends in the context of demand for its solutions. Shares rose in premarket trading after the announcement, while previous closes showed a move from $208.05 on October 23 to $225.35 on October 27.