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Ametek Inc. Q3 adjusted earnings Beat Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

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

The company's bottom line totaled $257.46 million, or $1.10 per share. This compares with $204.58 million, or $0.88 per share, in last year's third quarter.

Analysts had expected the company to earn $1.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 27.4% to $1.44 billion from $1.13 billion last year.

Ametek Inc. earnings at a glance:

-Earnings (Q3): . vs. . last year.
-EPS (Q3): $1.26 vs. $1.01 last year.
-Analysts Estimate: $1.18
-Revenue (Q3): $1.44 Bln vs. $1.13 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.28 - $1.30
Full year EPS guidance: $4.76 to $4.78

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