Ametek (AME) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.70%. A quarter ago, it was expected that this maker of electronic instruments and electromechanical devices would post earnings of $1.58 per share when it actually produced earnings of $1.64, delivering a surprise of 3.80% ...

Wall Street analysts forecast that Ametek (AME) will report quarterly earnings of $1.62 per share in its upcoming release, pointing to a year-over-year increase of 6.6%. It is anticipated that revenues will amount to $1.73 billion, exhibiting an increase of 6.1% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this tim ...

Investors looking for stocks in the Electronics - Testing Equipment sector might want to consider either Itron (ITRI) or Ametek (AME) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive esti ...

RYE, N.Y., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds is hosting a Pump, Valve & Water Systems Symposium at the Yale Club in New York City on Thursday, February 22, 2024. The symposium focuses on themes crucial to this industry, including infrastructure spending, resource security, conservation, and mergers and acquisitions (M&A). Attendees will have the opportunity to engage in one-on-one sessions with management, providing the opportunity to delve into the strategies and growth prospects of these com ...

- Earnings to be released before market opens on Tuesday, February 6, 2024 - BERWYN, Pa., Jan. 19, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) will issue its fourth quarter 2023 earnings release before the market opens on Tuesday, February 6, 2024. AMETEK will webcast its fourth quarter 2023 investor conference call on Tuesday, February 6, 2024, beginning at 8:30 AM ET. The live audio webcast can be accessed by clicking on the Events & Presentations link in the "Investors" section of www.ametek.com. A rep ...

Executive Appointment - AMETEK Inc announced the appointment of Dalip M Puri as Executive Vice President and Chief Financial Officer effective April 2 2024 [1] - Mr Puri will replace William J Burke who is retiring after 36 years with the company [1] - Mr Puri currently serves as Senior Vice President Operational Finance and has held various leadership roles within AMETEK since joining in 2017 [1] Executive Background - Mr Puri was promoted to Senior Vice President Operational Finance in September 2023 after being named Vice President Operational Finance in July 2023 [1] - Prior to AMETEK Mr Puri held positions at Chemtura Corporation Delphi Corporation and Hewitt Associates [1] - Mr Puri holds a Bachelor of Commerce in Finance degree from Concordia University and a Master of Business Administration degree from the University of Western Ontario [2] Company Overview - AMETEK is a leading global provider of industrial technology solutions with annual sales over $6 0 billion [3] - The company follows the AMETEK Growth Model which integrates Four Growth Strategies: Operational Excellence New Product Development Global and Market Expansion and Strategic Acquisitions [3] - AMETEK aims for double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital [3] - Founded in 1930 AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500 [3]

Core Insights - AMETEK, Inc. announced the retirement of William J. Burke, Executive Vice President and Chief Financial Officer, effective April 2, 2024, after 36 years with the company [1][2] - Dalip M. Puri, currently Senior Vice President of Operational Finance, has been appointed to succeed Mr. Burke [1] - Mr. Burke will continue to serve as a Senior Advisor until April 2025 to facilitate a smooth transition [1] Company Overview - AMETEK, Inc. is a leading global provider of industrial technology solutions with annual sales exceeding $6.0 billion [3] - The company employs a Growth Model that integrates four strategies: Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions, focusing on cash generation and capital deployment [3] - AMETEK aims for double-digit percentage growth in earnings per share over the business cycle and seeks a superior return on total capital [3] - Founded in 1930, AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500 [3]

Ametek (AME) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings picture is a ...

Investors interested in stocks from the Electronics - Testing Equipment sector have probably already heard of Ametek (AME) and Teradyne (TER) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnin ...

Fischerrx6Introduction As we rapidly head toward a new year, I want to introduce a new stock I just put on my watchlist. As most of my readers probably know, I have massive industrial exposure. 53% of my portfolio consists of stocks operating in the industrial sector. While close to half of this exposure consists of anti-cyclical defense contractors, it's fair to say that I really like this sector. The stock I'm presenting in this article is also an industrial stock. It's a company I have never discus ...