TE Connectivity announces second quarter results for fiscal year 2024

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TE Connectivity (TEL) PT Raised to $150 at Stifel

April 24, 2024 3:51 PM EDT

Stifel analyst Matthew Sheerin raised the price target on TE Connectivity (NYSE: TEL) to $150.00 (from $145.00) while maintaining a Hold rating.

The analyst comments "While Q2 results were ahead of our estimates, Q3 guide was modestly light due in part to incremental FX... More

TE Connectivity (TEL) Tops Q2 EPS by 3c, Beats on Revenue; Offers Q3 Guidance

April 24, 2024 6:05 AM EDT

TE Connectivity (NYSE: TEL) reported Q2 EPS of $1.86, $0.03 better than the analyst estimate of $1.83. Revenue for the quarter came in at $3.97 billion versus the consensus estimate of $3.96 billion.

For the third quarter of fiscal 2024, the company expects net sales of approximately $4.0 billion. GAAP... More