Experts who keep an eye on the stock market predict that Amphenol (APH) will likely announce earnings of $0.77 per share in its next report. This suggests a small drop of 1.3% compared to last year. The expected revenue is around $3.14 billion, showing a 3% decrease from the same time last year.
In the past month, there's been a slight increase of 0.3% in the predicted earnings for the quarter. This means that analysts have rethought their initial guesses about how well Amphenol will do during this time.
Before a company reveals its earnings, it's important to pay attention to any changes in these predictions. What analysts think can influence how investors react to a company's stock. Studies have shown that changes in earnings predictions often connect to how a stock performs in the short term.
While most investors focus on overall earnings and revenue estimates to judge a company's performance, taking a closer look at specific metrics predicted by analysts can give a fuller picture.
Now, let's dive into the average forecasts for specific Amphenol metrics that Wall Street analysts usually keep an eye on.
Analysts suggest that 'Net sales - Harsh Environment Solutions' will be around $761.47 million, marking a 4.3% decrease from last year.
For 'Net sales - Interconnect and Sensor Systems,' analysts predict it to reach $1.28 billion, showing a positive change of 26.8% from the previous year.
Moving on to 'Net sales - Communications Solutions,' analysts expect it to hit $1.11 billion, indicating a decrease of 22.5% compared to last year.
In terms of 'Operating income - Interconnect and Sensor Systems,' analysts estimate it to be $239.07 million, higher than the $193.80 million reported last year.
However, for 'Operating income - Communications Solutions,' the consensus estimate is $217.17 million, lower than the $318.50 million from the previous year.
Lastly, analysts project that 'Operating income - Harsh Environment Solutions' will be $239.79 million, slightly up from $204.80 million reported in the same quarter last year.
If you're interested in all the key details about Amphenol, you can check them out here.
Over the past month, Amphenol's shares have gone down by 1.6%, while the Zacks S&P 500 composite increased by 0.9%. With a Zacks Rank #2 (Buy), it's expected that APH will do better than the overall market in the near future. You can find more top-performing stocks with Zacks Rank #1 (Strong Buy) here.
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