TE Connectivity Earnings, Revenue beat In Q1

Investing.com - TE Connectivity (NYSE: TEL ) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.76 on revenue of $3.82B. Analysts polled by Investing.com anticipated EPS of $1.6 on revenue of $3.72B. .
For the year, TE Connectivity shares are down 5%, outperforming the S&P 500 which is down 8.6% year to date.
TE Connectivity follows other major Information Technology sector earnings this month
On Tuesday, Microsoft reported second quarter EPS of $2.48 on revenue of $51.73B, compared to forecasts of EPS of $2.31 on revenue of $50.65B.
Taiwan Semiconductor earnings beat analyst's expectations on Thursday, January 13, 2022, with fourth quarter EPS of $1.16 on revenue of $15.85B. Investing.com analysts expected EPS of $1.12 on revenue of $15.69B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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