earnings
confidence high
sentiment positive
materiality 0.85
Amphenol reports record Q3 sales $4.04B, adj. EPS $0.50, up 28% YoY; Q4 guidance above consensus
AMPHENOL CORP /DE/
2024-Q3 EPS reported
$1.33
revenue$10,904,900,000
- Record Q3 sales $4.04B (+26% YoY, +15% organic); GAAP EPS $0.48 (+17%), adj. EPS $0.50 (+28%), both above guidance.
- Record adj. operating margin 21.9%; operating cash flow $704M, free cash flow $476M.
- Closed acquisition of Lütze Europe (~$100M annual sales) in Oct; CommScope OWN/DAS deal expected Q1 2025.
- Q4 sales guidance $3.95B-$4.05B (+19-22%); adj. EPS $0.48-$0.50. Full-year sales $14.85B-$14.95B, adj. EPS $1.82-$1.84.
- Returned $308M to shareholders: $176M in share repurchases, $132M in dividends in Q3.