Amphenol Q3 Profit Rises - Quick Facts

(RTTNews) - Amphenol Corp. (APH) reported that its third-quarter net income attributable to company increased to $160.80 million or $0.99 per share, from $147.45 million or $0.90 per share, last year. Earnings per share excluding one-time items was $0.98 for the quarter.

On average, 14 analysts polled by Thomson Reuters expect the company to report profit per share of $0.97 for the quarter. Analysts' estimates typically exclude special items.

Sales were a record $1.15 billion, compared to $1.10 billion prior year. Currency translation had the effect of increasing sales by approximately $7.9 million in the third quarter 2013 compared to the 2012 period. Analysts expected revenue of $1.14 billion for the quarter.

The company expects its fourth-quarter revenues in the range of $1.15 billion to $1.17 billion and earnings per share in the range of $0.96 to $0.99. Analysts expect the company to report fourth-quarter profit per share of $0.99, on revenue of $1.17 billion.

For the year 2013, the company now expects to achieve revenues and earnings per share in the range of $4.515 billion to $4.540 billion and $3.76 to $3.79, excluding one-time items, respectively. This compares to prior full year 2013 guidance for revenues and earnings per share in the range of $4.490 billion to $4.540 billion and $3.73 to $3.79, excluding one-time items, respectively. Analysts expect the company to report full year 2013 profit per share of $3.78 on revenue of $4.52 billion.