Amphenol Corp Expects Q4 Sales Of $3.95B-$4.05B Vs $3.80B Est, Adj EPS Of $0.48-$0.50 Vs $0.45 Est
Portfolio Pulse from Benzinga Newsdesk
Amphenol Corp projects strong growth for Q4 2024, with expected sales of $3.95B-$4.05B and adjusted EPS of $0.48-$0.50, both exceeding estimates. Full-year 2024 sales are forecasted at $14.85B-$14.95B, with EPS of $1.82-$1.84, indicating significant year-over-year growth.
October 23, 2024 | 12:04 pm
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POSITIVE IMPACT
Amphenol Corp's Q4 2024 guidance exceeds expectations with sales projected at $3.95B-$4.05B and EPS at $0.48-$0.50. Full-year 2024 sales and EPS also show strong growth, indicating positive market performance.
Amphenol's guidance for Q4 2024 and full-year 2024 shows significant growth in both sales and EPS compared to previous estimates and year-over-year figures. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100