Amphenol Guides Q1 Adj. EPS In Line With Estimates - Update
(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, Amphenol Corp. (APH) provided its adjusted earnings and sales guidance for the first quarter of fiscal 2024, assuming the continuation of current market conditions as well as constant exchange rate.
For the first quarter, the company projects adjusted earnings in a range of $0.71 to $0.73 per share on sales between $3.04 billion and $3.10 billion.
On average, 11 analysts polled by Thomson Reuters expect the company to report earnings of $0.72 per share on sales of $3.12 billion for the quarter. Analysts' estimates typically exclude special items.
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Amphenol Guides FY22 Above Estimates; Boosts Dividend 5% - Update
While reporting financial results for the third quarter on Wednesday, Amphenol Corp. (APH) provided its adjusted earnings and sales guidance for the fourth quarter and full-year 2022.
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Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Wednesday, following the positive cues from global markets overnight, as optimism about a few interest rate cuts by the US Fed this year, and a drop in global bond yields. Markets in China and Hong Kong were down as the US administration was discussing a 10 tariff against China and said tariffs on China could hinge on a deal over TikTok's ownership.
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Australian Market Trims Gains In Mid-market
The Australian stock market is trimming its gains in mid-market trading on Wednesday, but extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving well above the 8,400 level, following the broadly positive cues from global markets overnight, with gains in financial and technology stocks.
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Sensex, Nifty Seen Higher At Open On Firm Global Cues
Indian shares look set to open higher on Wednesday, tracking firm cues from global markets.
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hace 6h 42min
Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Wednesday, extending the gains in the previous two sessions, following the broadly positive cues from global markets overnight. The Nikkei 225 is moving a tad above the 39,600 level, with gains in index heavyweights, exporters and technology stocks.
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Thai Shares Expected To Open To The Upside On Wednesday
The Thai stock market on Tuesday halted the three-day slide in which it had slipped slipping more than a dozen points or 0.8 percent. The Stock Exchange of Thailand now sits just above the 1,350-point plateau and it may open in the green again on Wednesday.
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Australian Market Notably Higher
Australian shares are trading notably higher on Wednesday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving well above the 8,400 level, following the broadly positive cues from global markets overnight, with gains in gold miners, financial and technology stocks.
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Indonesia Bourse May Reclaim Support At 7,200 Points
The Indonesia stock market has climbed higher in five straight sessions, advancing more than 220 points or 3 percent along the way. The Jakarta Composite Index now sits just above the 7,180-point plateau and it's likely to see additional support on Wednesday.
The global forecast for the Asian markets is positive on renewed optimism about the outlook for interest rates. The European and U.S. markets were up and the Asian bourses are expected to follow that lead.
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