Loading...
•
Jun 30, 2021
Amphenol Q2 2021 Earnings Report
Amphenol's Q2 2021 results were announced, featuring record sales and adjusted diluted EPS that surpassed the high end of guidance, driven by growth in automotive, industrial, military, and broadband markets, along with contributions from acquisitions.
Key Takeaways
Amphenol reported record second-quarter results, with sales increasing by 34% and adjusted diluted EPS exceeding expectations. Growth was primarily driven by the automotive, industrial, military, and broadband markets, as well as contributions from the company's acquisition program.
Record sales of $2.654 billion, up 34% in U.S. dollars and 22% organically compared to Q2 2020
GAAP diluted EPS of $0.59, up 40% compared to the prior year period
Record Adjusted Diluted EPS of $0.61, up 53% compared to the prior year period
Operating and Free Cash Flow of $411 million and $307 million, respectively
Forward Guidance
For the third quarter of 2021, Amphenol anticipates sales to range from $2.640 billion to $2.700 billion, representing a 14% to 16% increase from Q3 2020. Adjusted Diluted EPS is projected to be between $0.60 and $0.62, indicating a 9% to 13% growth over the same period last year.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...