TE Connectivity Fiscal Q2 Adjusted Earnings, Sales Rise; Shares Down Pre-Bell

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TE Connectivity (TEL) reported an increase in fiscal Q2 adjusted earnings and sales, but its shares were down in pre-bell trading. The company expects fiscal Q3 sales of approximately $5 billion and adjusted earnings per share of around $2.83, both above FactSet estimates. However, Q2 sales of $4.74 billion slightly missed the FactSet estimate of $4.75 billion.

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