Amphenol Q2 2024 Adj EPS $0.44 Beats $0.41 Estimate, Sales $3.610B Beat $3.384B Estimate
Portfolio Pulse from Benzinga Newsdesk
Amphenol reported Q2 2024 adjusted EPS of $0.44, beating the estimate of $0.41. Sales were $3.610 billion, surpassing the expected $3.384 billion.
July 24, 2024 | 12:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Amphenol's Q2 2024 earnings report shows adjusted EPS of $0.44, beating the $0.41 estimate. Sales also exceeded expectations at $3.610 billion compared to the $3.384 billion estimate.
Amphenol's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100