Amphenol Q1 sales beat on IT datacom growth

Amphenol

29/04/2026 13:09

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)