AI brief of an SEC Form 8-K · TE Connectivity (TEL)

TE Connectivity posts record adjusted EPS of $1.95 in Q4; boosts buyback by $2.5 billion

Mixed Impact 4 of 5 earnings Written later

TE Connectivity reported fourth-quarter fiscal 2024 net sales of $4.1 billion, up 1% year over year, and adjusted EPS of a record $1.95, up 10%. GAAP EPS fell 49% to $0.90 because of a one-time tax-related impact of $0.78, and full-year net sales were $15.8 billion. The board also raised the share repurchase authorization by $2.5 billion, and the company expects first-quarter fiscal 2025 sales and adjusted EPS to rise year over year.

Key points

  • Q4 adjusted EPS was a record $1.95, up 10%; GAAP diluted EPS from continuing operations was $0.90, down 49%, including a $0.78 one-time tax-related impact.
  • Full-year GAAP EPS was a record $10.34 and adjusted EPS was $7.56, up 12%; full-year net sales were $15.8 billion.
  • Board authorized a $2.5 billion increase in the share repurchase program.
  • First-quarter fiscal 2025 outlook: net sales of approximately $3.9 billion and adjusted EPS of $1.88; GAAP EPS of $1.64.

The filing

CompanyTE Connectivity (TEL)
Form8-K, current report
Filed with the SECOct 30, 2024, 6:16 AM ET
Accession number0001558370-24-013877

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.