BUZZ - Amphenol shares rise on optimistic earnings outlook

October 28 - ** Electronics manufacturer Amphenol (APH.N) rose 6.8% in pre-market trading to $83.5

** The company expects adjusted earnings per share for fiscal year 2026 (link) to be between $2.82 and $2.84, with revenue between $36.9 billion and $37.1 billion. Both figures are above analysts’ expectations of $2.70 and $35.7 billion in LSEG compiled data

** The company also expects fourth-quarter adjusted earnings per share and revenue to both surpass analyst consensus

** The company reported third-quarter sales and adjusted earnings per share of $10.23 billion and $0.08, respectively, both beating analyst expectations

** The strong results were driven by robust organic growth, particularly in the IT data communications market, as well as contributions from the company’s acquisitions

** Of 21 brokerages, 19 rated the stock “buy” or higher and 2 rated it “hold”; the median price target is $104—LSEG compiled data

** As of the previous trading day’s close, the stock had risen 15.8% year-to-date

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