Amphenol (APH) Tops Q4 EPS by 4c

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Fourth Quarter 2017 Results Reported by Amphenol Corporation

January 24, 2018 8:00 AM EST

WALLINGFORD, Conn.--(BUSINESS WIRE)-- Amphenol Corporation (NYSE: APH) reported today a GAAP diluted loss per share for the fourth quarter 2017 of $0.341 compared to GAAP Diluted Earnings Per Share (EPS) of $0.75 for the comparable 2016 period. GAAP diluted loss per share for the fourth quarter 2017 includes (i) an estimated one-time charge of approximately $400 million ($1.26 per share) related to the enactment of the Tax Cuts and Jobs Act (the Tax Act) partially offset by (ii) the excess tax benefit of approximately $21 million ($0.07 per share) related to options exercised during the quarter, which compares to a tax benefit of... More