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Amphenol Corp. (APH) reported a profit for its third quarter that increased from the same period last year.


RTTNews | Oct 27, 2021 08:15AM EDT

08:15 Wednesday, October 27, 2021 (RTTNews.com) - Amphenol Corp. (APH) reported a profit for its third quarter that increased from the same period last year.

The company's profit came in at $426.5M, or $0.68 per share. This compares with $346.6 million, or $0.56 per share, in last year's third quarter.

Excluding items, Amphenol Corp. reported adjusted earnings of $406.5 million or $0.65 per share for the period.

Analysts had expected the company to earn $0.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.6% to $2.82 billion from $2.32 billion last year.

Amphenol Corp. earnings at a glance:

-Earnings (Q3): $406.5 Mln. vs. $335.9M. last year.-EPS (Q3): $0.65 vs. $0.55 last year.-Analysts Estimate: $0.63-Revenue (Q3): $2.82 Bln vs. $2.32 Bln last year.

-Guidance:Next quarter EPS guidance: $0.61 to $0.63Next quarter revenue guidance: $2.690 - $2.750 BlnFull year EPS guidance: $2.39 to $2.41Full year revenue guidance: $10.540 -$10.600 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3236117/amphenol-corp-q3-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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