TE Connectivity Soars 7% After Record Earnings
TE Connectivity (NYSE:TEL) delivered standout fiscal second-quarter results, with both earnings and revenue surpassing expectations, sending its stock over 7% higher intra-day today.
The company posted adjusted earnings of $2.10 per share for the quarter, beating analyst estimates of $1.96. Revenue climbed 4% year-over-year to $4.1 billion, also ahead of projections.
Momentum was particularly strong in the Industrial segment, where sales surged 17%, supported by expanding demand across AI infrastructure, aerospace, and energy markets. This helped drive a notable improvement in operating margin for the segment, contributing to the company’s record quarterly earnings performance.
Looking ahead, TE Connectivity provided an optimistic forecast for the fiscal third quarter, expecting adjusted earnings of roughly $2.06 per share on revenue of about $4.3 billion—both above market estimates. The upbeat guidance reflects continued strength across its core markets and operational discipline.
| Symbol | Price | %chg |
|---|---|---|
| 6861.T | 61310 | 0 |
| 006405.KS | 110000 | 0 |
| 006400.KS | 185100 | 0 |
| 009155.KS | 56500 | 0 |
