Amphenol Corp reports results for the quarter ended in September 30 - Earnings Summary
Amphenol Corp APH.N reported quarterly adjusted earnings of 50 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 44 cents to 47 cents per share.
Revenue rose 26.2% to $4.04 billion from a year ago; analysts expected $3.80 billion.
Amphenol Corp's reported EPS for the quarter was 48 cents.
The company reported quarterly net income of $604.4 million.
Amphenol Corp shares had risen by 2.6% this quarter and gained 34.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.1% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the electronic equipment & parts peer group is also "buy"
Wall Street's median 12-month price target for Amphenol Corp is 73.00
This summary was machine generated from LSEG data October 23 at 01:33 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.45 | 0.50 | Beat |
Jun. 30 2024 | 0.41 | 0.44 | Beat |
Mar. 31 2024 | 0.37 | 0.40 | Beat |
Dec. 31 2023 | 0.38 | 0.41 | Beat |
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