NYSE$APH
Amphenol Corporation · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported record sales and adjusted diluted EPS, both exceeding guidance.
Amphenol reported record second quarter results with sales of $3.61 billion, up 18% in U.S. dollars and 11% organically compared to the second quarter of 2023. Adjusted Diluted EPS of $0.44, up 22% compared to prior year. The company also announced a dividend increase of 50% to $0.165 per share.
- Record sales of $3.61 billion, up 18% in U.S. dollars and 11% organically compared to the second quarter of 2023
- GAAP Diluted EPS of $0.41, up 11% compared to prior year
- Record Adjusted Diluted EPS of $0.44, up 22% compared to prior year
- Operating and Free Cash Flow of $664 million and $528 million, respectively
Headline financials
Revenue & EPS history
Amphenol · Revenue · Quarterly
$3.61B
Revenue by segment
Amphenol · $3.2B total across 3 segments · Q3 2023
- Communications Solutions$1.28B-15.7%40.0%
- Interconnect and Sensors$1.03B+5.0%32.3%
- Harsh Environment Solutions$887M+11.8%27.7%
Forward guidance
For the third quarter of 2024, Amphenol expects sales to be in the range of $3.70 billion to $3.80 billion and Adjusted Diluted EPS is expected to be in the range of $0.43 to $0.45.
Tailwinds
- Sales are expected to be in the range of $3.70 billion to $3.80 billion
- Represents a 16% to 19% increase over the prior year quarter
- Adjusted Diluted EPS is expected to be in the range of $0.43 to $0.45
- Represents a 10% to 15% increase from the third quarter of 2023
- Guidance assumes continuation of current market conditions and constant exchange rates
Headwinds
- Guidance does not include the impact of acquisitions that have not yet closed
- Subject to risks related to operating in countries outside the United States
- Uncertainties associated with an economic slowdown or recession
- Risks associated with inability to obtain raw materials and components
- Cybersecurity threats and techniques used to disrupt operations
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+0.8%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+4.3%
Avg return
30 days after
55%
40 / 73 earnings
Positive
+15.0%
Q2 2012
Best reaction
-11.1%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | -1.9% | +3.3% | |
| Q4 2025 | -11.1% | -12.8% | -12.1% | |
| Q3 2025 | +3.6% | +9.2% | +5.8% | |
| Q2 2025 | +0.5% | +1.0% | +4.7% | |
| Q1 2025 | +8.2% | +15.4% | +30.1% | |
| Q4 2024 | +7.0% | -7.2% | -7.1% | |
| Q3 2024 | +4.4% | +2.7% | +11.1% | |
| Q2 2024 | -6.8% | -4.3% | +1.6% | |
| Q1 2024 | +4.2% | +6.9% | +19.2% | |
| Q4 2023 | +2.9% | +3.6% | +9.7% | |
| Q3 2023 | +1.2% | +0.9% | +14.0% | |
| Q2 2023 | +5.3% | +4.7% | +2.4% | |
| Q1 2023 | -0.1% | +2.1% | +2.3% | |
| Q4 2022 | -1.3% | -1.4% | -3.7% | |
| Q3 2022 | +1.6% | +4.2% | +10.4% | |
| Q2 2022 | +10.3% | +10.1% | +8.5% | |
| Q1 2022 | +7.3% | +4.4% | +4.1% | |
| Q4 2021 | -1.3% | +4.7% | +1.1% | |
| Q3 2021 | -2.7% | -2.3% | +3.6% | |
| Q2 2021 | +2.2% | +3.3% | +9.0% | |
| Q1 2021 | +0.6% | -2.9% | -1.5% | |
| Q4 2020 | -2.5% | -3.4% | -3.3% | |
| Q3 2020 | +3.4% | +1.6% | +11.2% | |
| Q2 2020 | +3.4% | +4.0% | +6.0% | |
| Q1 2020 | +9.2% | +13.8% | +18.0% | |
| Q4 2019 | -1.8% | -5.2% | -6.0% | |
| Q3 2019 | +2.7% | +2.1% | +2.7% | |
| Q2 2019 | -4.6% | -2.5% | -13.2% | |
| Q1 2019 | -4.5% | -6.1% | -15.1% | |
| Q4 2018 | +5.0% | +5.6% | +16.2% | |
| Q3 2018 | +4.0% | +3.3% | +2.7% | |
| Q2 2018 | +7.5% | +3.8% | +5.3% | |
| Q1 2018 | +1.3% | +1.1% | +5.4% | |
| Q4 2017 | -0.7% | +0.3% | -1.1% | |
| Q3 2017 | -1.3% | -1.0% | +4.9% | |
| Q2 2017 | +0.0% | +1.0% | +5.2% | |
| Q1 2017 | +0.8% | -0.4% | +3.6% | |
| Q4 2016 | -3.1% | -2.6% | +2.1% | |
| Q3 2016 | +5.1% | +4.4% | +7.6% | |
| Q2 2016 | +1.2% | +0.2% | +4.5% | |
| Q1 2016 | -2.5% | — | — | |
| Q4 2015 | +5.2% | — | — | |
| Q3 2015 | -2.5% | — | — | |
| Q2 2015 | +4.1% | — | — | |
| Q1 2015 | -2.5% | — | — | |
| Q4 2014 | +4.6% | — | — | |
| Q3 2014 | -3.4% | — | — | |
| Q2 2014 | +0.5% | — | — | |
| Q1 2014 | +1.3% | — | — | |
| Q4 2013 | -2.8% | — | — | |
| Q3 2013 | +4.1% | — | — | |
| Q2 2013 | -9.2% | — | — | |
| Q1 2013 | +0.8% | — | — | |
| Q4 2012 | -0.9% | — | — | |
| Q3 2012 | +2.7% | — | — | |
| Q2 2012 | +15.0% | — | — | |
| Q1 2012 | +2.2% | — | — | |
| Q4 2011 | +0.1% | — | — | |
| Q3 2011 | -0.7% | — | — | |
| Q2 2011 | -5.5% | — | — | |
| Q1 2011 | -5.2% | — | — | |
| Q4 2010 | -1.1% | — | — | |
| Q3 2010 | -0.9% | — | — | |
| Q2 2010 | +0.9% | — | — | |
| Q1 2009 | -3.6% | — | — | |
| Q1 2010 | +0.4% | — | — | |
| Q4 2009 | -0.4% | — | — | |
| Q4 2007 | -0.4% | — | — | |
| Q3 2009 | +0.8% | — | — | |
| Q3 2008 | +0.8% | — | — | |
| Q2 2009 | +0.0% | — | — | |
| Q2 2008 | +0.0% | — | — | |
| Q4 2008 | +0.0% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro