Amphenol Set to Report Q3 2026 Earnings With Analysts Forecasting 53% EPS Jump on AI Demand

Amphenol Corporation is scheduled to release its fiscal third-quarter 2026 results before the market opens on Wednesday, October 28, with Wall Street expecting a sharp year-over-year earnings increase fueled by booming AI infrastructure spending. Analysts forecast an EPS of $0.72, a 53.2% surge from $0.47 in the year-ago quarter, along with revenue guidance management set at $9.3 billion to $9.4 billion when it reported second-quarter results in July.

The AI-driven demand for high-speed connectivity and IT datacom products has been the central growth engine for the Wallingford, Connecticut-based connector maker. In Q2 2026, Amphenol posted adjusted EPS of $1.35, beating estimates by 13%, while revenue surged 55% year over year to $8.76 billion and record orders reached $10.7 billion on 30% organic sales growth. Management guided Q3 adjusted EPS of $1.40 to $1.42, above the then-prevailing consensus. IT datacom revenues are expected to grow in the mid-teens sequentially in Q3, supported by accelerating AI data center investment and strengthening enterprise and cloud demand.

For full-year 2026, analysts project EPS of $2.66, representing 59.3% growth from $1.67 in fiscal 2025. Amphenol also raised its 2026 outlook for the acquired CommScope connectivity and cable solutions business to $4.6 billion in sales and $0.30 in adjusted EPS accretion, up from prior estimates of $4.1 billion and $0.15. Adjusted operating margin reached 29.8% in Q2, partly aided by an $80 million net benefit from IEEPA tariff recoveries. APH shares outperformed peers on October 27 in advance of the report, and the stock carries a consensus Strong Buy rating, having beaten Wall Street earnings expectations in each of the past four quarters. The key question heading into the print is whether Amphenol's premium valuation is justified by continued AI-linked order momentum.