While reporting financial results for the first quarter on Wednesday, industrial technology firm TE Connectivity Ltd. (TEL) provided earnings, adjusted earnings and sales outlook for the second quarter.
For the second quarter, the company projects earnings from continuing operations of about $2.26 per share and adjusted earnings of about $2.65 per share on net sales of about $4.7 billion, with organic sales growth of 6 percent.
On average, analysts polled expect earnings of $2.62 per share on revenues of $4.74 billion for the quarter. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.