Amphenol (APH) to Report Q4 Earnings: What’s in the Cards?
From Nasdaq:
Amphenol is set to report its fourth-quarter 2023 results on Jan 24. It expects earnings between 75 cents and 77 cents per share and revenues between $3.09 billion and $3.15 billion. The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $3.14 billion.
Factors to Consider:
Amphenol’s diversified business model and contributions from acquisitions are expected to have aided its fourth-quarter results. However, weakness in mobile device, mobile networks, and IT end-markets is expected to have hurt top-line growth.
What Our Model Says:
According to the Zacks model, Amphenol has an Earnings ESP of +1.74% and carries a Zacks Rank #2.
Other Stocks to Consider:
Apple (AAPL) has an Earnings ESP of +3.65% and a Zacks Rank #2. Fair Isaac (FICO) has an Earnings ESP of +1.73% and a Zacks Rank #2. Meta Platforms (META) has an Earnings ESP of +4.58% and has a Zacks Rank of 2.
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