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Ametek Inc. Reports Rise In Q1 Profit

Ametek Inc. (AME) reported earnings for its first quarter that rose from the same period last year.

The company's earnings came in at $181.34 million, or $0.79 per share. This compares with $138.93 million, or $0.61 per share, in last year's first quarter.

Analysts had expected the company to earn $0.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.8% to $1.17 billion from $1.01 billion last year.

Ametek Inc. earnings at a glance:

-Earnings (Q1): $181.34 Mln. vs. $138.93 Mln. last year.
-EPS (Q1): $0.79 vs. $0.61 last year.
-Analysts Estimate: $0.72
-Revenue (Q1): $1.17 Bln vs. $1.01 Bln last year.

Full year EPS guidance: $3.06 - $3.12

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