Amphenol CorporationAPH
± MixedCapitalrelevance
Earnings report preview with expected revenue growth slowdown and recent share price decline.
Amphenol is set to report second-quarter earnings before the market opens on Wednesday. Analysts expect revenue to grow 46.8% year on year, a slowdown from the 56.5% growth recorded in the same quarter last year. The company beat revenue expectations last quarter, reporting $7.62 billion, up 58.4% year on year. Amphenol shares are down 10.5% over the past month, while the broader tech hardware and electronics segment has seen average share price gains of 3.2%. The average analyst price target stands at $189.39, compared to the current share price of $148.99.
Amphenol CorporationEarnings report preview with expected revenue growth slowdown and recent share price decline.