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.
Check back later for our full write up on this Amphenol earnings report!
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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.
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.
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 >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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