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Amphenol Corp. (APH) revealed a profit for its fourth quarter that increased from last year.


RTTNews | Jan 27, 2021 08:09AM EST

08:08 Wednesday, January 27, 2021 (RTTNews.com) - Amphenol Corp. (APH) revealed a profit for its fourth quarter that increased from last year.

The company's profit came in at $357.0 million, or $1.15 per share. This compares with $318.7 million, or $1.03 per share, in last year's fourth quarter.

Excluding items, Amphenol Corp. reported adjusted earnings of $352.9 million or $1.13 per share for the period.

Analysts had expected the company to earn $1.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.0% to $2.43 billion from $2.15 billion last year.

Amphenol Corp. earnings at a glance:

-Earnings (Q4): $352.9 Mln. vs. $301.9 Mln. last year.-EPS (Q4): $1.13 vs. $0.98 last year.-Analysts Estimate: $1.02-Revenue (Q4): $2.43 Bln vs. $2.15 Bln last year.

-Guidance:Next quarter EPS guidance: $0.90 - $0.94Next quarter revenue guidance: $2.12 - $2.18 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3163876/amphenol-corp-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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