Advertisement
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
TSX Settles Lower As Trade Tensions Resurface
Crude Oil Prices Slip On Friday
Pound Drops As Trade Tensions Renew
Weighed Down By Tariff Uncertainty, Gold Slides
Swiss Market Ends Modestly Higher
Major European Markets Close Slightly Higher
