Amphenol Q3 Adj EPS $0.78 Beats $0.74 Estimate, Sales $3.20B Beat $3.10B Estimate
Portfolio Pulse from Benzinga Newsdesk
Amphenol (NYSE:APH) reported Q3 earnings of $0.78 per share, beating the analyst consensus estimate of $0.74 by 5.41%. However, this is a 2.5% decrease from the same period last year. The company also reported quarterly sales of $3.20 billion, beating the analyst consensus estimate of $3.10 billion by 3.19%, but this is a 2.91% decrease from the same period last year.

October 25, 2023 | 12:01 pm
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Amphenol's Q3 earnings and sales beat analyst estimates, but both show a decrease from the same period last year.
While Amphenol beat analyst estimates for Q3 earnings and sales, the decrease from the same period last year could potentially concern investors. This mixed result may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100