Amphenol (APH) Tops Q1 EPS by 1c, Revenues Beat; Offers 2Q & FY19 EPS/Revenue Guidance Below Consensus

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First Quarter 2019 Results Reported by Amphenol Corporation

April 24, 2019 8:00 AM EDT

WALLINGFORD, Conn.--(BUSINESS WIRE)-- Amphenol Corporation (NYSE: APH) reported today GAAP diluted Earnings Per Share (EPS) for the first quarter 2019 of $0.87 compared to $0.84 for the comparable 2018 period. GAAP diluted EPS for the first quarter 2019 included acquisition-related costs of approximately $17 million ($0.04 per share), partially offset by an excess tax benefit of approximately $7 million ($0.02 per share) related to stock options exercised during the quarter. First quarter 2018 GAAP diluted EPS included an excess tax benefit of approximately $4 million ($0.01 per share) related to stock options exercised during the quarter. Excluding the effect of these items, Adjusted Diluted... More