Amphenol Corporation’s Earnings Preview: Strong Growth Predictions

Amphenol Corporation (APH), with a market capitalization of $72.8 billion, is a leading manufacturer of connectors, interconnect systems, antennas, sensors, and specialty cables. The company operates through its three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems. Amphenol serves various global markets including automotive, broadband, aerospace, industrial, IT, military, and mobile networks, offering products such as cable assemblies, printed circuit boards, backplane systems, and sensor-based solutions.

Upcoming Earnings Announcement

The company is set to announce its fiscal Q1 2025 earnings results on Wednesday, April 23, before the market opens. Analysts project that APH will report a profit of $0.52 per share, reflecting a substantial 30% increase from $0.40 per share in the same quarter last year. Notably, Amphenol has consistently exceeded Wall Street’s earnings expectations over the past four quarters, having surpassed the consensus EPS estimate by 10% in Q4 2024.

Fiscal 2025 Forecasts

For the full fiscal year 2025, analysts forecast that the Wallingford, Connecticut-based company will report an EPS of $2.34, indicating a 23.8% rise from $1.89 in fiscal 2024.

Stock Performance Overview

Over the past year, shares of Amphenol have risen 5.9%, outpacing the broader S&P 500 Index’s ($SPX) 3.6% decline and the Technology Select Sector SPDR Fund’s (XLK) 11.7% drop during the same period.

On January 22, shares of Amphenol surged more than 7% after the company announced Q4 revenue of $4.3 billion, a 30% increase year-over-year that exceeded estimates. Additionally, Amphenol reported adjusted EPS of $0.55, outpacing expectations. The market responded positively to the company’s optimistic guidance for Q1 2025, forecasting sales of $4 billion to $4.1 billion and adjusted EPS of $0.49 to $0.51, both significantly higher than the previous year’s results.

Analysts’ Outlook

Overall, analysts maintain a bullish outlook on Amphenol stock. With a “Strong Buy” rating on average, out of 14 analysts, 10 recommend a “Strong Buy” while four suggest a “Hold” rating. As of this writing, APH shares are trading below the average analyst price target of $86.08.

On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are solely for informational purposes. For more details, please view the Barchart Disclosure Policy here.

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