
- Amphenol’s first-quarter sales forecast exceeds expectations, ranging between $4.00 billion to $4.10 billion, compared to the estimated $3.96 billion.
- For the fourth quarter, adjusted earnings per share (EPS) reached 55 cents, surpassing the estimate of 51 cents.
- The actual EPS was 59 cents, above the estimated 52 cents.
- Net sales for the fourth quarter were $4.32 billion, exceeding the anticipated $4.08 billion.
- The Harsh Environment Solutions segment recorded net sales of $1.26 billion, higher than the estimated $1.21 billion.
- Interconnect and Sensor Systems net sales were $1.13 billion, slightly below the estimate of $1.18 billion.
- Communications Solutions net sales reached $1.93 billion, significantly surpassing the estimate of $1.69 billion.
- Adjusted operating income was $965.7 million, beating the estimated $885.3 million.
- Adjusted net income was reported at $695.2 million, higher than the estimated $643.2 million.
- Analyst ratings include 11 buys, 8 holds, and no sells.
Amphenol Corp Cl A on Smartkarma
Analysts at Baptista Research on Smartkarma are bullish on Amphenol Corporation, a company that operates in the technology sector. Their research reports highlight the company’s impressive financial performance in the third quarter of 2024. Amphenol Corporation achieved record sales of $4.039 billion, showing a 26% increase in both U.S. dollars and local currencies compared to the previous year. Orders also rose significantly to $4.412 billion, reflecting a robust book-to-bill ratio of 1.09:1. The analysts point out that this growth was driven by increased sales, efficient operations, and strategic acquisitions, indicating a positive outlook for the company.
In another report by Baptista Research, analysts continue to express confidence in Amphenol Corporation’s expansion in mobile networks technology. The company reported a substantial increase in sales, reaching a record $3.61 billion, showing an 18% increase in U.S. dollars and 19% in local currencies compared to the same quarter the previous year. The strong sales growth, coupled with a significant 11% organic growth, highlights the company’s solid performance across its market domains. The analysts note a healthy acceleration in demand from various segments, particularly from IT datacom customers focusing on artificial intelligence (AI), defense, and commercial air sectors, indicating a positive trajectory for Amphenol Corporation in the technology industry.
A look at Amphenol Corp Cl A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Amphenol Corp Cl A, a company specializing in electrical and electronic connectors, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong focus on growth and momentum, scoring 4 in both categories, the company is positioned well for future expansion and market performance. Additionally, its resilience score of 3 indicates a certain level of stability and adaptability in the face of changing market conditions. While the value and dividend scores are more moderate at 2, the emphasis on growth and momentum suggests a positive trajectory for Amphenol Corp Cl A in the long run.
Amphenol Corporation is known for designing, manufacturing, and marketing a wide range of connectors and interconnect systems for various industries, including telecommunications, cable television, and aerospace electronics. With a diversified product portfolio and a strong presence in key sectors, the company’s overall outlook, as indicated by its Smartkarma Smart Scores, reflects a favorable stance towards growth and market performance in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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