Post-earnings recap
Reported
Wed, Jan 26, 2022
Est. EPS
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Est. revenue
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Implied move
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EPS beat rate
100%
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Est. EPS
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Est. Rev
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Impl. Move
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TE Connectivity's earnings report showed a positive surprise in EPS, indicating better-than-expected profitability. However, the stock dropped 5.68% likely due to concerns over ongoing supply chain challenges and the lack of forward guidance. Investors may be cautious as the company navigates these issues in the near term.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.76 | N/A | +8.84% |
Management acknowledged the impact of supply chain issues on operations. They remain focused on strategic initiatives to drive future growth.
Management highlighted ongoing challenges in the supply chain.
They expressed confidence in long-term growth despite current market conditions.