Ametek Inc. (AME) reported a profit for its second quarter that rose from last year.
The company's profit totaled $193.86 million, or $0.83 per share. This compares with $150.48 million, or $0.65 per share, in last year's second quarter.
Analysts had expected the company to earn $0.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 14.2% to $1.21 billion from $1.06 billion last year.
Ametek Inc. earnings at a glance:
-Earnings (Q2): $193.86 Mln. vs. $150.48 Mln. last year.
-EPS (Q2): $0.83 vs. $0.65 last year.
-Analysts Estimate: $0.78
-Revenue (Q2): $1.21 Bln vs. $1.06 Bln last year.
-Guidance:
Full year EPS guidance: $3.16 - $3.20
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