TE Connectivity (TEL) Q2 Earnings and Revenues Beat Estimates

Financial Performance - TE Connectivity reported quarterly earnings of $2.10 per share, exceeding the Zacks Consensus Estimate of$1.96 per share, and up from $1.86 per share a year ago, representing an earnings surprise of 7.14$4.14 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.66%, compared to $3.97 billion in the same quarter last year [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$2 on revenues of $4.14 billion, and for the current fiscal year, it is$8.05 on revenues of $16.12 billion [7] - The estimate revisions trend for TE Connectivity is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - TE Connectivity belongs to the Zacks Electronics - Miscellaneous Components industry, which is currently in the top 31% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]