TE Connectivity Earnings Rose. Its Outlook Is Solid. - Barron's

1. TE Connectivity beat earnings estimates, reporting $1.95 EPS over $3.84 billion sales. 2. New orders of $4 billion indicate healthy demand despite slight sales miss. 3. TE expects AI-related business to grow significantly, reaching $600 million by 2025. 4. Global car production is projected to decline, but EV production is increasing. 5. Operating profit margins expanded to 19%, indicating effective cost management.