06:20 AM EST, 01/22/2025 (MT Newswires) -- TE Connectivity ( TEL ) reported fiscal Q1 adjusted earnings Wednesday of $1.95 per diluted share, up from $1.84 a year earlier.

Analysts polled by FactSet expected $1.89.

Net sales for the quarter ended Dec. 27 were $3.84 billion, up from $3.83 billion a year earlier.

Analysts surveyed by FactSet expected $3.90 billion.

For fiscal Q2, the company expects adjusted EPS of $1.96 on net sales of about $3.95 billion. Analysts polled by FactSet expect $1.98 on $4.07 billion.

The company's shares were down 1.7% in recent Wednesday premarket activity.

Price: 145.80, Change: -2.50, Percent Change: -1.69