Overview

• US interconnect products maker's Q1 sales rose 58%, beating analyst expectations

• Adjusted EPS for Q1 grew 68% and beat analyst expectations

• Company completed acquisition of CommScope’s CCS business as previously announced

Outlook

• Amphenol expects Q2 2026 sales of $8.1 bln to $8.2 bln

• Company sees Q2 2026 adjusted diluted EPS of $1.14 to $1.16

• Company expects continued growth across diversified end markets, assuming current market conditions persist

Result Drivers

• ORGANIC GROWTH - Co said strong organic growth in most end markets, including exceptional growth in IT datacom, drove sales increase

• ACQUISITIONS - Recent acquisitions, including CommScope’s CCS business, contributed to sales growth

• ORDER GROWTH - Record orders in the quarter resulted in a book-to-bill ratio of 1.24:1

Company press release: ID:nBw8R0k2La

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Sales	Beat	$7.62 bln	$7.09 bln (16 Analysts)
Q1 Adjusted EPS	Beat	$1.06	$0.94 (16 Analysts)
Q1 EPS		$0.72
Q1 Net Income		$943.30 mln

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the electronic equipment & parts peer group is "buy"

• Wall Street's median 12-month price target for Amphenol Corp is $168.12, about 17% above its April 28 closing price of $143.72

• The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 33 three months ago

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