TE Connectivity announces second quarter results for fiscal year 2021
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TE Connectivity (TEL) Tops Q2 EPS by 9c, Revenues Beat; Offers 3Q EPS/Revenue Guidance Above Consensus
April 21, 2021 6:06 AM EDTTE Connectivity (NYSE: TEL) reported Q2 EPS of $1.57, $0.09 better than the analyst estimate of $1.48. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.52 billion.
Second Quarter Highlights
Net sales were $3.7 billion, up 17% on a reported basis, and 11% on an organic basis year over year.Orders of $4.6 billion, up 36% year over year.GAAP diluted earnings per share (EPS) from continuing... More