Amphenol (APH) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Amphenol (APH) reported $3.2 billion in revenue for the quarter ended September 2023, representing a year-over-year decline of 2.9%. EPS of $0.78 for the same period compares to $0.80 a year ago.
The reported revenue represents a surprise of +3.94% over the Zacks Consensus Estimate of $3.08 billion. With the consensus EPS estimate being $0.74, the EPS surprise was +5.41%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Amphenol performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net sales- Harsh Environment Solutions: $887.30 million compared to the $796.33 million average estimate based on three analysts. The reported number represents a change of +11.8% year over year.
Net sales- Interconnect and Sensor Systems: $1.03 billion versus the three-analyst average estimate of $1.18 billion. The reported number represents a year-over-year change of +5%.
Net sales- Communications Solutions: $1.28 billion compared to the $1.11 billion average estimate based on three analysts. The reported number represents a change of -15.7% year over year.
Operating income- Interconnect and Sensor Systems: $188.90 million compared to the $194.41 million average estimate based on three analysts.
Operating income- Communications Solutions: $283.30 million compared to the $233.79 million average estimate based on three analysts.
Operating income- Harsh Environment Solutions: $239.10 million compared to the $240.33 million average estimate based on three analysts.
View all Key Company Metrics for Amphenol here>>>
Shares of Amphenol have returned -2.7% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Amphenol Corporation (APH) : Free Stock Analysis Report
