Amphenol Corp. (APH: Quote) reported second quarter net income of $0.86 per share Wednesday morning, compared to $0.85 per share in the prior year period. The consensus estimate was for EPS of $0.84. The company expects to report third quarter EPS of $0.87 to $0.90 and between $3.38 and $3.44 for the full year 2012. The consensus estimates are for EPS of $0.85 and $3.34.
Amphenol gapped up sharply Wednesday and is currently higher by 5.95 at $57.31 on above average volume. The stock has risen to a one-month high and has re-crossed its 50-day moving average.
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by RTT Staff Writer
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