Amphenol Corporation (NYSE:APH) Q2 2024 Earnings Conference Call July 24, 2024 1:00 PM ET Company Participants Craig Lampo - Chief Financial Officer Adam Norwitt - Chief Executive Officer Conference Call Participants Wamsi Mohan - Bank of America Amit Daryanani - Evercore Samik Chatterjee - JPMorgan Luke Junk - Baird Asiya Merchant - Citigroup Joe Spak - UBS Guy Hardwick - Freedom Capital Markets Scott Graham - Seaport Research Andrew Buscaglia - BNP Paribas Mark Delaney - Goldman Sachs Will Stein - Truist ...

Amphenol’s (APH) second-quarter 2024 adjusted earnings of 43 cents per share beat the Zacks Consensus Estimate by 4.88%. The earnings figure increased 19.4% year over year.Net sales increased 18.2% year over year to $3.61 billion and beat the consensus mark by 7.02%. Organically, net sales increased 11%.The top line benefited from higher revenues across the IT datacom, defense, commercial air, mobile devices, mobile networks and automotive end-markets.Quarterly DetailsHarsh Environment Solutions’ (29% of ne ...

Amphenol (APH) reported $3.61 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 18.2%. EPS of $0.43 for the same period compares to $0.36 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.37 billion, representing a surprise of +7.01%. The company delivered an EPS surprise of +4.88%, with the consensus EPS estimate being $0.41.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

Amphenol (APH) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.88%. A quarter ago, it was expected that this maker of fiber-optic products would post earnings of $0.37 per share when it actually produced earnings of $0.40, delivering a surprise of 8.11%.Over the last four quarters, ...

Exhibit 99.1 Amphenol News Release Second Quarter 2024 Highlights: Increase in Quarterly Dividend World Headquarters 358 Hall Avenue Wallingford, CT 06492 Telephone (203) 265-8900 ● Record sales of $3.61 billion, up 18% in U.S. dollars and 11% organically compared to the second quarter of 2023 ● GAAP Diluted EPS of $0.41, up 11% compared to prior year ● Record Adjusted Diluted EPS of $0.44, up 22% compared to prior year ● GAAP and record Adjusted Operating Margin of 19.4% and 21.3%, respectively ● Operating ...

Technology stocks’ upcoming results are anticipated to reflect the benefits of the growing proliferation of generative AI technology. Rising demand for generative AI chips required in Large Language Models, which is the base of this technology, is expected to have continued benefiting the electronics and semiconductor companies this earnings season.Increasing adoption of Machine Learning, Augmented Reality/Virtual Reality devices, quantum computing, and cloud computing is expected to have aided the performa ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Amphenol (APH) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Amphenol is a member of the Computer and Technology sector. This group includes 618 individual stocks and currently holds a Zacks ...

Many great stocks get little attention and fly under the radars of investors. This situation is partly due to a lack of media attention and news coverage of great companies that, for the most part, are quietly going about their business. Another factor is that there are stocks that Wall Street pros don’t want you to know they’ve discovered.Protective and territorial, many hedge fund managers, traders and other whales on Wall Street jealously guard the stocks they are quietly amassing big positions in. The m ...

The S&P 500 has been on an incredible run, achieving the 30th record close of the year. The ongoing artificial intelligence (AI) craze, rate cut bets and strong corporate profit growth have been fueling investors' confidence in the stock market. In particular, the "Magnificent Seven" is the biggest engine of growth for the S&P 500 as a whole, accounting for 31% of the weightage in the index.The solid trend is likely to continue for the rest of the year as the tech-fueled rally has made Wall Street analysts ...

Core Insights - The article emphasizes the importance of efficiency levels in assessing a company's potential for profitability, suggesting that favorable efficiency ratios correlate positively with price performance [1]. Efficiency Ratios - **Receivables Turnover**: This ratio measures a company's ability to extend credit and collect debts, calculated as 12-month sales divided by the four-quarter average receivables. A high ratio indicates effective collection practices and quality customers [1]. - **Asset Utilization**: This ratio assesses how well a company converts its assets into sales, calculated by dividing total sales over the past 12 months by the average total assets over the last four quarters. A higher ratio suggests greater efficiency [2]. - **Inventory Turnover**: This ratio, calculated as the 12-month cost of goods sold divided by the four-quarter average inventory, indicates a company's ability to manage inventory levels. A high ratio suggests low inventory relative to sales, while a low ratio may indicate declining sales and excess inventory [2]. - **Operating Margin**: This measure, calculated as operating income over the past 12 months divided by sales, reflects a company's efficiency in managing operating expenses. A higher operating margin indicates better expense control compared to peers [3]. Screening Criteria - The article introduces a screening strategy that includes a favorable Zacks Rank (1 Strong Buy) alongside the efficiency ratios mentioned. Companies with these ratios above industry averages were identified as having higher efficiency levels than their peers [4]. - The screening process narrowed down over 7,906 stocks to six, highlighting three top stocks: - **J.Jill (JILL)**: A specialty retailer of women's apparel with an average four-quarter earnings surprise of 617.6% [4]. - **Option Care Health (OPCH)**: Provides infusion and home care management solutions, with an average four-quarter earnings surprise of nearly 55.5% [4]. - **Amphenol (APH)**: Designs and manufactures various connectors and systems, with an average four-quarter earnings surprise of 6.9% [5].