Why Amphenol (APH) is Poised to Beat Earnings Estimates Again

Core Insights - Amphenol (APH) is well-positioned to continue its earnings-beat streak, having surpassed earnings estimates by an average of 20.22% in the last two quarters [1] Earnings Performance - In the most recent quarter, Amphenol reported earnings of $0.93 per share, exceeding the expected $0.79 per share by a surprise of 17.72% [2] - For the previous quarter, the company reported $0.81 per share against an estimate of $0.66 per share, resulting in a surprise of 22.73% [2] Earnings Estimates and Predictions - Estimates for Amphenol have been trending higher, supported by its history of earnings surprises [5] - The stock currently has a positive Zacks Earnings ESP of +3.78%, indicating bullish sentiment among analysts regarding its near-term earnings potential [8] - The combination of a positive Earnings ESP and a Zacks Rank 2 (Buy) suggests a strong possibility of another earnings beat in the upcoming report [8] Earnings ESP Insights - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]