WALLINGFORD, Conn. (AP) _ Amphenol Corp. (APH) on Wednesday reported third-quarter earnings of $426.5 million.
The Wallingford, Connecticut-based company said it had profit of 68 cents per share. Earnings, adjusted for non-recurring gains and to account for discontinued operations, were 65 cents per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.
The maker of fiber-optic products posted revenue of $2.82 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $2.7 billion.
For the current quarter ending in December, Amphenol expects its per-share earnings to range from 61 cents to 63 cents.
The company said it expects revenue in the range of $2.69 billion to $2.75 billion for the fiscal fourth quarter. Analysts surveyed by Zacks had expected revenue of $2.75 billion.
Amphenol expects full-year earnings in the range of $2.39 to $2.41 per share, with revenue ranging from $10.54 billion to $10.6 billion.
Amphenol shares have risen 20% since the beginning of the year, while the S&P's 500 index has risen 22%. The stock has risen 35% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APH at https://www.zacks.com/ap/APH
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