TE Connectivity Earnings, Revenue beat In Q2

  • Investing.com
  • Stock Market News
TE Connectivity Earnings, Revenue beat In Q2
Credit: © Reuters.

Investing.com - TE Connectivity (NYSE: TEL ) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $1.42 on revenue of $3.41B. Analysts polled by Investing.com forecast EPS of $1.28 on revenue of $3.36B. That compared to EPS of $1.42 on revenue of $3.75B in the same period a year earlier. The company had reported EPS of $1.29 on revenue of $3.35B in the previous quarter.

For the year, TE Connectivity shares are up 27%, outperforming the DAX which is up 17.63% year to date.

TE Connectivity follows other major Technology sector earnings this month


On Wednesday, April 17, 2019, Taiwan Semiconductor reported first quarter EPS of $0.38 on revenue of $7.09B, compared to forecasts of EPS of $0.4 on revenue of $7.14B.

SAP ADR earnings beat analyst's expectations on Wednesday, with first quarter EPS of $1.01 on revenue of $6.86B. Investing.com analysts expected EPS of $0.95 on revenue of $6.74B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100