logo
Plus   Neg
Share
Email

Amphenol Raises FY18 Outlook - Quick Facts

While reporting its third-quarter financial results, Amphenol Corp. (APH) said that for the full year 2018, the company now expects to achieve sales in a range of $8.040 billion to $8.080 billion, an increase over 2017 of 15 percent, as well as adjusted earnings per share in a range of $3.68 to $3.70, an increase over 2017 of 18 percent to 19 percent.

This compared to the company's prior guidance for the full year 2018 of sales in the range of $7.82 billion to $7.90 billion and adjusted earnings per share in the range of $3.57 to $3.61.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.62 per share on revenues of $7.91 billion. Analysts' estimates typically exclude special items.

For the fourth quarter, the company expects sales in the range of $2.063 billion to $2.103 billion and adjusted earnings per share in the range of $0.96 to $0.98. The Street expects earnings of $0.96 per share on revenues of $2.04 billion.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
McDonald's Corp. has announced the return of its popular Shamrock Shake milkshake for a limited time at participating U.S. restaurants nationwide. The minty green milkshake is made with McDonald's vanilla soft serve blended with Shamrock Shake syrup and topped with whipped topping. It first debuted on the McDonald's menu in 1970 and has been a seasonal tradition for nearly 50 years. Asia-focused lender HSBC, through its blockchain-powered platform, has reduced the cost of settling foreign exchange trades by 25 percent, Reuters reported quoting a bank executive overseeing the project. Mark Williamson, chief operating officer of FX cash trading and risk management, told that the bank processes between 3,500 and 5,000 trades a day on its "FX Everywhere" system. PepsiCo, Inc. (PEP) reported fourth-quarter core EPS of $1.49 compared to $1.31, prior year. Excluding the impact of foreign exchange translation, core constant currency EPS increased 17 percent year-over-year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per...
Follow RTT