The third-quarter results for TE Connectivity Ltd. (NYSE:TEL) were released last week, making it a good time to revisit its performance. The result was positive overall - although revenues of US$4.0b were in line with what the analysts predicted, TE Connectivity surprised by delivering a statutory profit of US$1.86 per share, modestly greater than expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for TE Connectivity

Following the latest results, TE Connectivity's 20 analysts are now forecasting revenues of US$16.7b in 2025. This would be an okay 5.9% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to tumble 29% to US$8.10 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$17.0b and earnings per share (EPS) of US$8.24 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$169. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values TE Connectivity at US$190 per share, while the most bearish prices it at US$145. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of TE Connectivity'shistorical trends, as the 4.7% annualised revenue growth to the end of 2025 is roughly in line with the 5.7% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues grow 7.2% annually. So although TE Connectivity is expected to maintain its revenue growth rate, it's forecast to grow slower than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple TE Connectivity analysts - going out to 2026, and you can see them free on our platform here.

Even so, be aware that TE Connectivity is showing 1 warning sign in our investment analysis , you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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