Amphenol (APH) Q2 Earnings: What's In Store For The Stock?
Zacks Investment Research | Jul 17, 2016 09:24PM ET
Diversified electronics manufacturer Amphenol Corporation (NYSE:APH) is scheduled to report second-quarter 2016 results before the opening bell on Jul 20. In the last reported quarter, earnings comfortably beat the Zacks Consensus Estimate by 3 cents. Amphenol has beaten earnings estimates consecutively in the last two quarters for an average positive earnings surprise of 3.04% over the trailing four quarters. Let's see how things are shaping up for the upcoming first-quarter results.
Key Factors in the Second Quarter
The successful integration of FCI Asia Pte Ltd is expected to be accretive to Amphenol’s earnings due to combined synergies and strong operating discipline, along with advanced technological support and experienced management team. The complimentary product portfolio is further anticipated to enrich the service offerings of Amphenol and enable it to better serve its customers in various end markets.
Amphenol remains encouraged by its expanding presence in the fast-growing commercial aerospace market and is well positioned to capitalize on the proliferation of electronics content on next-generation products. These advanced electronic systems require advanced technology interconnect solutions to enhance fuel efficiency and improve passenger experience, all of which create excellent opportunities for Amphenol.
Amphenol’s top-line growth is also expected to benefit from an improved end-market demand, new product rollouts, and market share gains. Demand continues to be strong in automotive industrial, mobile networks and military markets. The diversification in end markets with a consistent focus on technology innovation and customer support through all phases of the economic cycle is likely to help the company achieve solid top-line growth.
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