Ametek Q3 Earnings Beat: Will Strong Guidance Lift the Stock?
AMEAMETEK(AME) ZACKS·2024-11-01 22:20

Ametek (AME) reported better-than-expected results for third-quarter 2024. AME reported adjusted earnings (non-GAAP) of $1.66 per share, which surpassed the Zacks Consensus Estimate by 2.5%. The figure increased 1.2% from the year-ago period. AME’s third-quarter 2024 revenues were $1.71 billion, which increased 5% from the year-ago quarter. The figure surpassed the consensus mark of $1.69 billion. The top-line growth can be attributed to the strong performance across the Electromechanical Group (EMG) and El ...