Amphenol's (APH) Q4 Earnings Beat Estimates, Revenues Up Y/Y
Amphenol(APH) Zacks Investment Research·2024-01-25 02:31
Amphenol’s (APH) fourth-quarter 2023 adjusted earnings of 82 cents per share beat the Zacks Consensus Estimate by 6.49%. The earnings figure increased 5.1% year over year.Net sales increased 2.7% year over year to $3.33 billion and beat the consensus mark by 5.89%. Organically, net sales decreased 1%.The top line benefited from higher revenues across the commercial air, defense, automotive and IT datacom end-markets.Quarterly DetailsHarsh Environment Solutions’ (27.1% of net sales) sales came in at $900.3 m ...