Reuters TechnologyCodex · 实盘不做把握 5/10
北京时间·🕒 发布 18:13:23时区推断·⟳ 抓取 18:52:25·⚡ 决策 07-22 19:03:23 +10m58s·97.0 天前
TE Connectivity 季报和四季度指引小幅超预期，并宣布14亿美元收购Astrodyne TDI
TE Connectivity 三季度收入51.6亿美元、调整后EPS 2.94美元，均高于市场预期，四季度收入和EPS指引也小幅高于一致预期。
📄 原文Reuters Technology↗ 原文
Electronic equipment maker TE Connectivity (TEL.N) on Wednesday forecast fourth-quarter profit and revenue above Wall S…
不做 TE Connectivity（TEL.US）
排期内财报小幅超预期但AI需求叙事已有预期，且盘前反应口径冲突；不具备稳定追多或做空 edge。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
消息传播链
- Reuters报道TE Connectivity三季度业绩和四季度指引高于预期，并称AI相关工具和产品需求强劲。市场反应:Reuters正文称TEL.US盘前跌逾5%。
- Investing转载财报数据，称TEL.US盘前涨约5.75%，与Reuters正文中的盘前跌幅口径冲突。市场反应:盘前反应口径冲突，不能据此稳定读出追多或做空方向。
- 公司二季度已披露双位数增长、订单强劲，并将AI、数据增长和电网现代化列为主要趋势，说明本次AI需求叙事并非首次出现。
关键理由
- TE Connectivity 三季度收入51.6亿美元、调整后EPS 2.94美元，均高于市场预期，四季度收入和EPS指引也小幅高于一致预期。
- AI数据中心和网络设备需求带动连接器订单增长，但这是财报日内的明牌披露，且上季度已持续强调AI、数据和电网等趋势。
- 14亿美元收购Astrodyne TDI补强电源管理与滤波解决方案，但短线同时带来整合、估值和现金使用不确定性。
主要风险
- 财报超预期幅度不大，属于排期内披露，缺少足以支持追多的市值级新订单或利润增量。
- 盘前市场反应信号不一致：Reuters正文称股价盘前跌逾5%，Investing转载口径称盘前涨约5.75%，说明交易方向未形成稳定共识。
反向证据
- 做多前查反向 · 来源 web · 日期 2026-07-22 · 影响 weakens
Reuters正文称TEL.US盘前跌逾5%，与财报利好方向相反，削弱追多。
检索:TE Connectivity earnings July 22 2026 shares down premarket Astrodyne acquisition 原文 ↗ - 做空前查反向 · 来源 web · 日期 2026-07-22 · 影响 weakens
收入、EPS和四季度指引均高于一致预期，且AI相关订单强劲，不构成明确强空催化。
检索:TE Connectivity earnings beat guidance July 2026 AI demand 原文 ↗
原文全文
展开原文 · 1,889 字
Electronic equipment maker TE Connectivity (TEL.N) on Wednesday forecast fourth-quarter profit and revenue above Wall Street expectations, betting on a boom in demand for its AI-related tools and products.
Growing demand for AI-related tools and products has boosted investments in data centers and network equipment globally, benefiting companies like TE, which produces electrical connector systems used in data centers.
CEO Terrence Curtin told Reuters in an interview that the company would stick to its strategy of passing on higher raw material costs through price hikes to protect its margins, as the cost of oil-based products such as resins remains elevated amid renewed fighting between the U.S. and Iran.
When asked about refunds from President Donald Trump's tariffs, Curtin said the company had applied for them and had not "gotten big money back," adding that it would return the refunds to customers, rather than offering broad price cuts.
Here are some more details:
TE also said it would buy power management and filtering solutions maker Astrodyne TDI for $1.4 billion, and expects the deal to close by the end of 2026.
Shares of the company were down more than 5% in premarket trade.
"Our orders are up 70% this year, building strong backlog into next year," Curtin said.
The company forecast an adjusted profit of $3.05 per share for the current quarter, compared with analysts' expectations of $2.96 per share, according to data compiled by LSEG.
It expects fourth-quarter revenue to be about $5.25 billion, above analysts' estimate of $5.16 billion.
Revenue for the third quarter grew 14% to $5.16 billion, driven by growth in its industrial and transportation segments.
Analysts on average had expected revenue of $5 billion.
TE reported an adjusted profit of $2.94 per share for the quarter ended June 26, beating estimates of $2.84.
Growing demand for AI-related tools and products has boosted investments in data centers and network equipment globally, benefiting companies like TE, which produces electrical connector systems used in data centers.
CEO Terrence Curtin told Reuters in an interview that the company would stick to its strategy of passing on higher raw material costs through price hikes to protect its margins, as the cost of oil-based products such as resins remains elevated amid renewed fighting between the U.S. and Iran.
When asked about refunds from President Donald Trump's tariffs, Curtin said the company had applied for them and had not "gotten big money back," adding that it would return the refunds to customers, rather than offering broad price cuts.
Here are some more details:
TE also said it would buy power management and filtering solutions maker Astrodyne TDI for $1.4 billion, and expects the deal to close by the end of 2026.
Shares of the company were down more than 5% in premarket trade.
"Our orders are up 70% this year, building strong backlog into next year," Curtin said.
The company forecast an adjusted profit of $3.05 per share for the current quarter, compared with analysts' expectations of $2.96 per share, according to data compiled by LSEG.
It expects fourth-quarter revenue to be about $5.25 billion, above analysts' estimate of $5.16 billion.
Revenue for the third quarter grew 14% to $5.16 billion, driven by growth in its industrial and transportation segments.
Analysts on average had expected revenue of $5 billion.
TE reported an adjusted profit of $2.94 per share for the quarter ended June 26, beating estimates of $2.84.
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