Amphenol Corporation (APH) Releases Earnings Results, Misses Expectations By $-0.05 EPS

Amphenol Corporation (APH) reported quarterly earnings results on Wednesday, Jul-20-2016. The company reported $0.58 earnings per share for the quarter, missing the analyst consensus estimate by $-0.05. Analysts had a consensus of $0.63. The company posted revenue of $1548.20 million in the period, compared to analysts expectations of $1522.62 million. The company’s revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS.

Amphenol Corporation closed down -0.01 points or -0.02% at $59.08 with 10,62,378 shares getting traded on Monday. Post opening the session at $59.18, the shares hit an intraday low of $58.995 and an intraday high of $59.47 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Jun 10, 2016, Luc Walter (SR VP & GGM EUR MIL & AERO OPS) sold 65,000 shares at $59.98 per share price. According to the SEC, on Jun 10, 2016, Richard Schneider (SVP, Amphenol FCI) sold 24,700 shares at $60.03 per share price. On Jun 8, 2016, John Treanor (SR VP & GGM AUTOMOTIVE GROUP) sold 247,520 shares at $59.30 per share price, according to the Form-4 filing with the securities and exchange commission.

Amphenol Corporation (Amphenol) is a designer manufacturer and marketer of electrical electronic and fiber optic connectors interconnect systems antennas sensors and sensor- based products and coaxial and specialty cable. The Company operates through two segments: Interconnect Products and Assemblies and Cable Products and Solutions. The Interconnect Products and Assemblies segment primarily designs manufacturers and markets a range of connector and connector systems value-add products and other products including antennas and sensors used in a range of applications in a diverse set of end markets. The Cable Products and Solutions segment primarily designs manufacturers and markets cable value-added products and components for use primarily in the broadband communications and information technology markets as well as certain applications in other markets.

Amphenol Corporation

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