06.02.2024 12:59:26 - dpa-AFX: Ametek Inc. Q4 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Ametek Inc. (AME) announced a profit for its fourth
quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $342.86 million, or $1.49 per share. This
compares with $307.08 million, or $1.34 per share, in last year's fourth
quarter.

Excluding items, Ametek Inc. reported adjusted earnings of $1.68 per share for
the period.

Analysts on average had expected the company to earn $1.63 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 6.1% to $1.73 billion from $1.63
billion last year.

Ametek Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $342.86 Mln. vs. $307.08 Mln. last year.
-EPS (Q4): $1.49 vs. $1.34 last year.
-Analyst Estimate: $1.63
-Revenue (Q4): $1.73 Bln vs. $1.63 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.56 to $1.60


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
AMETEK INC. DL-,01 908668 Frankfurt 157,460 15.05.24 18:27:43 +0,500 +0,32% 0,000 0,000 155,020 157,460

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