Overview
- TE reported third-quarter adjusted EPS of $2.94 and revenue of $5.16 billion on Wednesday, July 22, 2026, both above analyst estimates.
- The company guided fourth-quarter adjusted EPS to about $3.05 and revenue to roughly $5.25 billion, a forecast that exceeds Wall Street expectations.
- Orders climbed to $5.7 billion in the quarter and management said orders are up about 70% year to date, building a large backlog that extends into 2026.
- TE announced a $1.4 billion agreement to acquire Astrodyne TDI to add power management and filtering capabilities tied to data‑center demand.
- Management said it will keep passing higher resin and other input costs through prices, has applied for tariff refunds to return to customers, and declared a $0.78 quarterly dividend while the stock fell over 5% in early trading.