Although the audio quality on our feed was bad, comparing what we heard to Twitter, it appears the TSE has announced that it has counted more than 40% of the vote, but that they have not counted enough to be confident in projecting the trend (that is, projecting a victor).
They say they will hold another press conference at midnight.
Meanwhile, this is actually quite important. If the kind of margin that sources had been predicting for the National Party (without, we emphasize, any reliable basis) was being seen, the TSE would historically have indicated what they call the "trend".
So we have to assume that the results are emerging closer than the rumors that were spread in pre-election coverage, and that continue to circulate in media quoting Hernández's claims of victory based on (again, unspecified) exit polling.
Reports from Honduras have cited heavy turnout, apparently unexpected. While the TSE has not provided any numbers, based on these on the ground reactions, it appears that more voters were motivated to participate. Certainly, high turnout would account for the TSE not having better counts six hours after the polls closed across the country.