BUZZ-Amphenol rises after upbeat Q3 sales forecast
Reuters2026/07/29 12:33** Electronic gear maker Amphenol's APH.N shares gain 5.9% to 152.25 premarket
** Co forecasts Q3 sales between $9.3 billion and $9.4 billion, above average analyst estimates of $8.7 billion, according to LSEG data
** APH reports Q2 adjusted EPS of $1.35 and sales of $8.76 billion, both above analyst expectations - LSEG data
** Sales growth driven by strong organic growth in end markets, including exceptional organic growth in the IT datacom market - company
** Average rating of 17 analysts is "buy"; their median PT is $185 - data compiled by LSEG
** Up to last close, stock has risen 6.5% YTD
(Reporting by Avinash P in Bengaluru)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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