UPDATE 2-Tyco Electronics profit, outlook beat Street

* Q2 adjusted shr $0.64 vs. $0.52 expected

* Q2 rev $2.96 bln

* Sees 2010 adjusted EPS $2.32 to $2.40

(Adds details on outlook, segment performance)

NEW YORK, April 28 (Reuters) - Tyco Electronics Ltd (TEL.N), a maker of electronic connectors, posted a better-than-expected profit on Wednesday, citing strength in consumer and industrial markets, and gave a full-year outlook above Wall Street estimates.

Net earnings were $304 million, or 66 cents per share, in the second quarter ended March 26, compared with a year-earlier loss of $3.24 billion, or $7.07 per share.

Adjusted earnings were 64 cents a share, beating estimates of 52 cents, according to Thomson Reuters I/B/E/S.

Revenue was up 27 percent at $2.96 billion, slightly ahead of Wall Street forecasts.

Its biggest segment, electronic components, posted 78 percent growth in auto markets, including China's, and double-digit sales gains for components used in appliances, computers, and consumer devices.

"We capitalized on continued strength in the consumer markets," Chief Executive Tom Lynch said in a statement.

Tyco Electronics, which also makes network products and undersea telecommunications systems, said demand has improved from the prior quarter in markets like aerospace and defense, but demand was down sequentially from the energy industry.

The company, whose competitors include Amphenol (APH.N) and Molex (MOLX.O), said it expected full-year adjusted earnings per share of $2.32 to $2.40. That is above consensus analyst estimates of $2.04 per share. (Reporting by Nick Zieminski; Editing by Lisa Von Ahn)