TTM Technologies is set to announce its quarterly earnings this Wednesday after the market close, with analysts forecasting revenue growth of 31.2% year on year. The company beat revenue expectations last quarter, reporting $846 million, a 30.4% increase from the prior year. Peers in the electronic components and manufacturing segment, such as Amphenol and Benchmark, have already posted strong results, with Amphenol delivering 55% revenue growth and Benchmark up 17.7%, both exceeding estimates. TTM Technologies shares have declined 17% over the past month, while the broader segment saw an average gain of 5.3%, and the stock heads into earnings with an average analyst price target of $212 compared to its current price of $123.95.
TTM Technologies IncEarnings preview with expected revenue growth, but stock has declined and price target implies upside.
Amphenol Corporation