Ametek Inc. (AME) released a profit for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings came in at $371.42 million, or $1.61 per share. This compares with $340.24 million, or $1.47 per share, last year.
Excluding items, Ametek Inc. reported adjusted earnings of $1.89 per share for the period.
Analysts on average had expected the company to earn $1.76 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 10.8% to $1.892 billion from $1.708 billion last year.
Ametek Inc. earnings at a glance (GAAP) :
-Earnings: $371.42 Mln. vs. $340.24 Mln. last year.-EPS: $1.61 vs. $1.47 last year.-Revenue: $1.892 Bln vs. $1.708 Bln last year.
-Guidance:Next quarter EPS guidance: $1.90 - $1.95Full year EPS guidance: $7.32 to $7.37
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