Strong reviews on Amphenol Corporation (NYSE: APH) Earning report

On DAY, Amphenol Corporation (NYSE: APH) shares price traded between $103.13 and $104.20 during the last trading session above/below with +0.10% at $103.89 . The shares recorded a trading volume 845,079 million shares as compared to its average volume of 1,124,251 shares. The company has 298.09M shares outstanding and market value of 30.968B . Over the one year trading period, the stock has a peak price of $104.20 and its down is recorded at $74.95. The short ratio in the stock is 3.24 and the short float is around of 1.39%.

Amphenol Corporation (NYSE: APH) stated recently GAAP Diluted Earnings Per Share for the fourth quarter 2018 of $1.09 contrast to a GAAP diluted loss per share of $0.34 for the comparable 2017 period. GAAP Diluted EPS for the fourth quarter 2018 includes (i) a benefit of about $15M ($0.04 per share) as a result of the finalization of the provisional income tax charge recorded in the 4Q 2017 related to the passing of the U.S. Tax Cuts and Jobs Act (the “Tax Act”) and (ii) an excess tax benefit of about $6M ($0.02 per share) related to stock options exercised, partially offset by (iii) acquisition-related transaction costs of about $9.0M ($0.02 per share). Fourth quarter 2017 GAAP diluted loss per share included (i) an estimated provisional income tax charge of about $400M ($1.26 per share) related to the enactment of the Tax Act and (ii) the dilutive share impact Because of the stated net loss for the quarter ($0.01 per share) partially offset by (iii) the excess tax benefit of about $21M ($0.07 per share) relate to stock options exercised throughout the quarter. Not Including the effect of these items, Adjusted Diluted EPSfor the fourth quarter 2018 was a record $1.05 contrast to $0.86 for the fourth quarter of 2017.

Sales for the fourth quarter 2018 were a record $2.225B contrast to $1.944B for the comparable 2017 period. Currency translation had the effect of decreasing sales by about $28M in the fourth quarter 2018 contrast to the 2017 period.

For the year ended December 31, 2018, GAAP Diluted EPS was $3.85 contrast to $2.06 for the full year 2017. GAAP Diluted EPS for the year ended December 31, 2018, includes (i) the before mentioned benefit as a result of the finalization of the provisional income tax charge related to the Tax Act and (ii) an excess tax benefit of about $20M ($0.06 per share) related to stock options exercised during such period, partially offset by (iii) the before mentioned acquisition-related transaction costs. Full year 2017 GAAP Diluted including EPS the Tax Act charged and related to dilutive share impact mentioned above, plus a charge for acquisition-related transaction costs of about $4M ($0.01 per share) partially offset by an excess tax benefit of about $67M ($0.21 per share) related to stock options exercised during the period. Not Including the effect of these items, Adjusted Diluted EPS for the year ended December 31, 2018 was a record $3.77 contrast to $3.12 for the full year 2017.

Sales for the year ended December 31, 2018 were a record $8.202B contrast to $7.011B for the full year 2017. Currency translation had the effect of increasing sales by about $60M for the full year 2018 contrast to 2017.

“They are also very proud of the Company’s record levels of profitability in the fourth quarter and full year 2018. Contrast to 2017, Adjusting Diluted EPS grew 22% and 21% for the Q4 and full year, respectively, and they achieved record adjusted operating margins of 21.0% and 20.7% for those same period. Operating cash flow in the quarter and full year 2018 was a strong $378M and $1.113B, respectively. The Company’s full year operating cash flow was particularly strong considering the $81M payment made in the first quarter 2018 to fully fund our U.S. Our strong operating cash flow generation is a clear confirmation of the quality of the Company’s earnings.”

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