TE Connectivity Guides Q2 Adj. EPS Above Estimates - Update

TE Connectivity (TEL) reported adjusted earnings per share of $1.60 for the second quarter of 2026, surpassing analysts’ consensus estimate of $1.54. The company cited strong demand in automotive and industrial sectors, along with continued cost discipline, as key drivers behind the beat. Management reaffirmed full-year guidance, projecting adjusted EPS in the range of $6.30 to $6.50. The announcement followed a 2.3% rise in revenue to $2.9 billion, up 5% year-over-year, driven by volume growth across North America and Asia-Pacific markets. Adjusted operating margin improved to 21.7%, reflecting ongoing operational efficiencies. Shares rose 1.8% in after-hours trading following the release. Analysts noted the guidance update signals sustained execution amid macroeconomic uncertainty.