Amphenol Corp. (APH) reported net income attributable to the company of $126.56 million or $0.77 per share for the first quarter compared to $127.96 million or $0.72 per share reported a year earlier.
Net sales for the three-month period advanced to $981.6 million from $940.59 milion in the prior year. The company noted that currency translation had the effect of decreasing sales by around $4 million in the first quarter of 2012 compared to the 2011 period.
Analysts polled by Thomson Reuters expected the company to earn $0.76 per share on revenues of $972.14 million for the quarter. Analysts' estimates typically exclude special items.
Amphenol president and chief executive officer, Adam Norwitt, stated, "We expect Q2 2012 revenues in the range of $1.040 billion to $1.055 billion and diluted EPS in the range of $.82 to $.85. For the year 2012, we now expect to achieve revenues and diluted EPS in the range of $4.105 billion to $4.190 billion and $3.30 to $3.38, respectively, an increase of 4% to 6% and 8% to 11% over 2011 revenues and diluted EPS (excluding 2011 one-time items), respectively. This compares to prior full year 2012 guidance for revenues and diluted EPS in the range of $4.050 billion to $4.150 billion and $3.23 to $3.34, respectively."
Analysts expect the company to earn $0.83 per share on revenues of $1.03 billion for the second quarter.
Also, analysts expect the company to report earnings of $3.33 per share on revenues of $4.16 billion for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.