Harley-Davidson Q3 Earnings: Sales Drop 26%, High Interest Rates Hit Motorcycle Demand And Margins, Lowers 2024 Outlook [Yahoo! Finance]
Amphenol Corporation (APH)
Last amphenol corporation earnings: 4/22 08:00 am
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Source: Yahoo! Finance
Consolidated revenue declined by 26% to $1.15 billion. The analyst consensus estimate was $965.78 million The consolidated revenue decline was driven primarily by a 32% revenue fall for HDMC and partially offset by a 10% revenue increase for HDFS. HOG stock slid after the print. Also Read: Amphenol CEO Credits 26% Sales Boost To IT, Mobile Networks, Acquisitions: ‘We Again Realized Strong Profitability' Global retail motorcycle sales declined 13%, and North American retail performance was down 10%. Dealers observed a slowdown in customer traffic due to the higher interest rate environment and macro uncertainty. International markets performed weaker than expected, down 18%, with the EMEA and APAC regions posting double-digit declines. Harley-Davidson's EPS of $0.91 beat the analyst consensus of $0.79 The gross profit margin in HDMC contracted 160 basis points Y/Y at 30.1%. Operating income in HDMC was $55 million (down by 69%), with the operating margin decreasing 720 b
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News
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APH
Earnings
- 10/23/24 - Beat
APH
Sec Filings
- 11/8/24 - Form 144
- 11/8/24 - Form 4
- 11/7/24 - Form 4
- APH's page on the SEC website