Ametek Inc. (AME) released earnings for its second quarter that Increased from last year and beat the Street estimates.
The company's bottom line totaled $358.37 million, or $1.55 per share. This compares with $337.68 million, or $1.45 per share, last year.
Excluding items, Ametek Inc. reported adjusted earnings of $1.78 per share for the period.
Analysts on average had expected the company to earn $1.69 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.5% to $1.778 billion from $1.734 billion last year.
Ametek Inc. earnings at a glance (GAAP) :
-Earnings: $358.37 Mln. vs. $337.68 Mln. last year.-EPS: $1.55 vs. $1.45 last year.-Revenue: $1.778 Bln vs. $1.734 Bln last year.
-Guidance:Next quarter EPS guidance: $1.72 to $1.76Full year EPS guidance: $7.06 to $7.20
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