Amphenol Guides FY22 Above Estimates; Boosts Dividend 5% - Update
(RTTNews) - While reporting financial results for the third quarter on Wednesday, Amphenol Corp. (APH) provided its adjusted earnings and sales guidance for the fourth quarter and full-year 2022.
For the fourth quarter, the company projects adjusted earnings in a range of $0.73 to $0.75 per share on sales between $3.09 billion and $3.15 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.76 per share on sales of $3.15 billion for the quarter. Analysts' estimates typically exclude special items.
For fiscal 2022, the company now projects adjusted earnings in a range of $2.95 to $2.97 per share on sales between $12.474 billion and $12.534 billion. The Street is looking for earnings of $2.93 per share on sales of $12.35 billion for the year.
On Tuesday, the Company's Board of Directors approved a 5% increase in the Company's quarterly dividend, from $0.20 per share to $0.21 per share, payable on January 11, 2023 to shareholders of record as of December 20, 2022.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Amphenol Guides Q1 Adj. EPS In Line With Estimates - Update
U.S. Dollar Climbs Against Majors
TSX Hovers Near Record High; Materials, Energy Stocks Shine Again
Swiss Market Ends Weak
European Stocks Close On Mixed Note Again
Eurozone Consumer Confidence Weakens More Than Expected In August
U.S. Leading Economic Index Edges Down In Line With Estimates In July
