TE Connectivity Beats Q2 Earnings Estimates, Sees Growth in Orders Across All Segments
TE Connectivity reported Q2 2024 net sales of $3.97B, down 5% Y/Y but beating consensus. EPS of $1.86 also beat consensus. Orders were $4B, up 6% Q/Q. Company expects Q3 net sales of $4.0B and EPS of $1.85. Stock gained 12% in last year. Exposure through SHOC and MOTO ETFs. TEL trading lower at $142.00 premarket.