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Market Impact: 0.32

TE Connectivity (TEL) Surpasses Q2 Earnings and Revenue Estimates

TEL
Corporate EarningsAnalyst EstimatesCompany Fundamentals

TE Connectivity reported quarterly EPS of $2.73, edging past the Zacks Consensus Estimate of $2.70 and up from $2.10 a year ago. The beat is modest but indicates improved profitability versus last year. This is a routine earnings update that could modestly support the stock, but it is unlikely to have broad market impact.

Analysis

TE Connectivity reported quarterly EPS of $2.73, edging past the Zacks Consensus Estimate of $2.70 and up from $2.10 a year ago. The beat is modest but indicates improved profitability versus last year. This is a routine earnings update that could modestly support the stock, but it is unlikely to have broad market impact.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.32

Ticker Sentiment

TEL0.55