Amphenol APH reported its Q3 earnings results on Wednesday, October 26, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Amphenol beat estimated earnings by 6.67%, reporting an EPS of $0.8 versus an estimate of $0.75.
Revenue was up $476.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 3.06% increase in the share price the next day.
Here's a look at Amphenol's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.68 | 0.61 | 0.63 | 0.63 |
EPS Actual | 0.75 | 0.67 | 0.70 | 0.65 |
Revenue Estimate | 2.94B | 2.75B | 2.75B | 2.72B |
Revenue Actual | 3.14B | 2.95B | 3.03B | 2.82B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Amphenol management provided guidance for FY 2022, expecting earnings between $2.95 and $2.97 per share.
To track all earnings releases for Amphenol visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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