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Amphenol (APH - Free Report) designs and manufactures connectors and interconnecting systems that are used to transmit electrical and optical signals for a wide range of sophisticated electronic applications.
In the last four quarters, Amphenol has reported a positive average earnings surprise of 8.45%, beating estimates on all occasions.
Zacks Rank: Currently, Amphenol has a Zacks Rank #3 (Hold) but that could change following its second-quarter 2018 earnings report which has just released.
Check back later for our full write up on this Amphenol earnings report!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
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Amphenol (APH) Surpasses Q2 Earnings & Revenue Expectations
Amphenol (APH - Free Report) designs and manufactures connectors and interconnecting systems that are used to transmit electrical and optical signals for a wide range of sophisticated electronic applications.
In the last four quarters, Amphenol has reported a positive average earnings surprise of 8.45%, beating estimates on all occasions.
Zacks Rank: Currently, Amphenol has a Zacks Rank #3 (Hold) but that could change following its second-quarter 2018 earnings report which has just released.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Amphenol’s adjusted earnings came in at 90 cents per share, which beat the Zacks Consensus Estimate of 85 cents.
Revenues: Revenues of $1.981 billion beat the Zacks Consensus Estimate of $1.881 billion and increased 18.9% on a year-over-year basis.
Key Stats: Adjusted operating income increased around 20% year over year to $408.2 million.
Stock Price: Share price surged around 2.41% in pre-market trading session.
Amphenol Corporation Price
Amphenol Corporation Price | Amphenol Corporation Quote
Check back later for our full write up on this Amphenol earnings report!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>