AMETEK(AME)
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AMETEK Appoints Narayan Vishwanathan Vice President and General Manager, Materials Analysis Division
Prnewswire· 2024-12-02 13:00
BERWYN, Pa., Dec. 2, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of Narayan Vishwanathan as Vice President and General Manager, Materials Analysis Division. Mr. Vishwanathan most recently served as Divisional Vice President and Business Unit Manager for the Electron Microscopy Technologies (EMT) businesses within AMETEK's Materials Analysis Division."I am very pleased to announce Narayan's promotion to Vice President and General Manager," commented David A. Zapico, AMETEK C ...
Ametek (AME) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2024-11-14 15:56
From a technical perspective, AMETEK, Inc. (AME) is looking like an interesting pick, as it just reached a key level of support. AME's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-d ...
Don't Overlook Ametek (AME) International Revenue Trends While Assessing the Stock
ZACKS· 2024-11-06 15:15
Have you assessed how the international operations of Ametek (AME) performed in the quarter ended September 2024? For this maker of electronic instruments and electromechanical devices, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial ...
Ametek Q3 Earnings Beat: Will Strong Guidance Lift the Stock?
ZACKS· 2024-11-01 14:20
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 ...
AMETEK(AME) - 2024 Q3 - Earnings Call Transcript
2024-10-31 18:39
AMETEK, Inc. (NYSE:AME) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Kevin Coleman - Vice President-Investor Relations & Treasurer Dave Zapico - Chairman & Chief Executive Officer Dalip Puri - Executive Vice President & Chief Financial Officer Conference Call Participants Matt Summerville - D.A. Davidson Deane Dray - RBC Capital Markets Jeff Sprague - Vertical Research Partners Rob Wertheimer - Melius Research Scott Graham - Seaport Research Partners Brett Linzey - Mizuh ...
AMETEK(AME) - 2024 Q3 - Quarterly Report
2024-10-31 17:55
Table of Contents _________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-Q _________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12981 AMETEK, Inc. (Exact name ...
AMETEK(AME) - 2024 Q3 - Quarterly Results
2024-10-31 15:19
Exhibit 99.1 AMETEK Announces Third Quarter Results Berwyn, Pa., October 31, 2024 – AMETEK, Inc. (NYSE: AME) today announced its financial results for the third quarter ended September 30, 2024. AMETEK's third quarter 2024 sales were $1.71 billion, a 5% increase over the third quarter of 2023. Operating income increased 2% to $445.9 million and operating margins were 26.1% in the quarter. Operating cash flow in the quarter was $487.2 million, up 3% versus the prior year, with free cash flow to net income co ...
Ametek (AME) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-31 14:36
Ametek (AME) reported $1.71 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 5.3%. EPS of $1.66 for the same period compares to $1.64 a year ago.The reported revenue represents a surprise of +0.89% over the Zacks Consensus Estimate of $1.69 billion. With the consensus EPS estimate being $1.62, the EPS surprise was +2.47%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...
Ametek (AME) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-31 13:05
Ametek (AME) came out with quarterly earnings of $1.66 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.47%. A quarter ago, it was expected that this maker of electronic instruments and electromechanical devices would post earnings of $1.64 per share when it actually produced earnings of $1.66, delivering a surprise of 1.22% ...
AMETEK Announces Third Quarter Results
Prnewswire· 2024-10-31 10:55
BERWYN, Pa., Oct. 31, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the third quarter ended September 30, 2024. AMETEK's third quarter 2024 sales were $1.71 billion, a 5% increase over the third quarter of 2023. Operating income increased 2% to $445.9 million and operating margins were 26.1% in the quarter. Operating cash flow in the quarter was $487.2 million, up 3% versus the prior year, with free cash flow to net income conversion of 135%.On a GAAP basis, third q ...