Amphenol: 3Q Earnings Snapshot

WALLINGFORD, Conn. (AP) _ Amphenol Corp. (APH) on Wednesday reported third-quarter profit of $316.6 million.

The Wallingford, Connecticut-based company said it had profit of $1.01 per share. Earnings, adjusted for stock option gains, came to 99 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share.

The maker of fiber-optic products posted revenue of $2.13 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $2.01 billion.

For the current quarter ending in December, Amphenol expects its per-share earnings to range from 96 cents to 98 cents.

The company said it expects revenue in the range of $2.06 billion to $2.1 billion for the fiscal fourth quarter. Analysts surveyed by Zacks had expected revenue of $2.04 billion.

Amphenol expects full-year earnings in the range of $3.68 to $3.70 per share, with revenue ranging from $8.04 billion to $8.08 billion.

Amphenol shares have fallen almost 6 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 2.5 percent. The stock has declined 4 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APH at https://www.zacks.com/ap/APH