Amphenol Corp Expects FY24 Sales Of $14.85B-$14.60B Vs $3.80B Est, Adj EPS Of $1.82-$1.84 Vs $1.76 Est
Portfolio Pulse from Benzinga Newsdesk
Amphenol Corp projects strong financial performance for FY24, with expected sales of $14.85B-$14.95B and adjusted EPS of $1.82-$1.84, surpassing estimates. The company anticipates significant growth in Q4 2024, with sales increasing by 19%-22% and EPS by 17%-22% compared to the previous year.
October 23, 2024 | 12:07 pm
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Amphenol Corp's FY24 guidance indicates strong growth, with sales and EPS projections exceeding market estimates. The company expects significant year-over-year increases in both Q4 and full-year results.
Amphenol's guidance for FY24 shows expected sales and EPS exceeding analyst estimates, indicating strong financial health and potential for stock price appreciation. The projected growth in Q4 and full-year results suggests a positive market reaction.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100