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Amphenol Guides Q1 Adj. EPS In Line With Estimates - Update
(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, Amphenol Corp. (APH) provided its adjusted earnings and sales guidance for the first quarter of fiscal 2024, assuming the continuation of current market conditions as well as constant exchange rate.
For the first quarter, the company projects adjusted earnings in a range of $0.71 to $0.73 per share on sales between $3.04 billion and $3.10 billion.
On average, 11 analysts polled by Thomson Reuters expect the company to report earnings of $0.72 per share on sales of $3.12 billion for the quarter. Analysts' estimates typically exclude special items.
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Amphenol Guides FY22 Above Estimates; Boosts Dividend 5% - Update
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.
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China Stock Market May Hand Back Wednesday's Gains
The China stock market bounced higher again on Wednesday, one day after ending the two-day winning streak in which it had gained more than 60 points or 1.7 percent. The Shanghai Composite Index now sits just beneath the 3,770-point plateau although it may open under pressure again on Thursday.
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Japan Manufacturing PMI Improves Top 49.9 - Jibun
The manufacturing sector in Japan continued to contract in August, although at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 49.9.
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Soft Start Predicted For Taiwan Stock Market
The Taiwan stock market has moved lower in two straight sessions, plunging more than 850 points or 3.8 percent along the way. The Taiwan Stock Exchange now sits just above the 23,625-point plateau and it's expected to at least open in the red again on Thursday.
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Win Streak May End For Singapore Stock Market
The Singapore stock market has moved higher in back-to-back sessions, collecting more than 30 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 4,220-point plateau although it figures to run out of steam on Thursday.
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Malaysia Bourse May Extend Wednesday's Losses
The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and the losses may accelerate on Thursday.
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Continued Consolidation Called For Nikkei
The Japan stock market has moved lower in two straight sessions, dropping more than 825 points or 1.9 percent along the way. The Nikkei 225 now sits just beneath the 42,890-point plateau and it may take further damage again on Thursday.
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New Zealand Has NZ$578 Million Trade Deficit
New Zealand posted a merchandise trade deficit of NZ$578 million in July, Statistics New Zealand said on Thursday.
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