Winners And Losers Of Q2: TTM Technologies (NASDAQ:TTMI) Vs The Rest Of The Electronic Components & Manufacturing Stocks
TTM Technologies (TTMI) stock fell 6% post-earnings, trading at $123.42. Amphenol (APH) reported $8.76B revenue, up 55% YoY, beating estimates, and its stock rose 17.3%. Rogers (ROG) saw $216.8M revenue, up 6.9%, but missed EPS estimates; its stock rose 29.9%. Plexus (PLXS) reported $1.3B revenue, up 28.1%, beating estimates, and its stock rose 8.6%. Jabil (JBL) reported $10.62B revenue, up 28.6%, beating estimates, but its stock fell 9.2%.
How this was made
The 30-second read
Why it matters
Varied stock reactions reflect company‑specific earnings quality and guidance.
Market read
Earnings season update for a niche sector; investors may re‑price individual stocks.
What to watch
Potential supply‑chain or macro‑economic pressures not detailed in the article.
Background
Quarterly earnings updates for several electronic components manufacturers.
Ticker impact
TTMI reported Q2 results, stock down 6% since the report.
likely further downside as market prices in weaker guidance.
The article notes a 6% decline post‑earnings and lower than expected performance.
APH posted strong Q2 revenue growth, stock up 17.3% since the report.
potential continued upside as investors reward beat.
Revenue up 55% YoY and beat expectations, driving a sizable price rally.
ROG delivered modest revenue growth but missed EPS estimates, yet stock up 29.9% since the report.
uncertain, could see volatility as market digests mixed data.
Revenue beat but EPS miss creates conflicting signals.
PLXS reported Q2 revenue beat, stock up 8.6% since the report.
likely modest upside as investors respond to beat.
Revenue beat and guidance raise support a price increase.
JBL posted strong Q2 results, stock down 9.2% since the report.
potential further decline if market questions guidance sustainability.
Even with a beat, the stock fell, indicating possible concerns beyond numbers.
Market effects
Highlights divergent performance within electronic components sector.
U.S. tech manufacturing stocks show mixed moves.
Limited to sector investors; no broad market shift.
Counterpoint
Despite earnings beats, some stocks fell, suggesting valuation or guidance concerns.
Key entities
- CompanyTTM Technologies
Electronic components manufacturer reporting Q2 loss.
- CompanyAmphenol
Connector maker with strong Q2 revenue growth.
- CompanyRogers Corp.
Specialty materials producer with mixed Q2 results.
- CompanyPlexus Corp.
Electronics manufacturing services with Q2 beat.
- CompanyJabil Inc.
Global electronics manufacturing services with Q2 beat but stock decline.
