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3 Strong Buy AI Stocks to Add to Your February Must-Watch List
InvestorPlace· 2024-02-08 13:04
Artificial intelligence has advanced incredibly and surprisingly. We may feel that the advances the sector has had are very abrupt, but we should think that we are just in the early stages of the great era that is coming. We are only in the initial stages of development, and the advances we have seen so far that help us entirely in our day-to-day lives do not compare with all the technological potential that artificial intelligence has. If you want to invest in the sector, here are three strong buy AI stock ...
AMETEK(AME) - 2023 Q4 - Earnings Call Transcript
2024-02-06 20:12
AMETEK, Inc. (NYSE:AME) Q4 2023 Earnings Conference Call February 6, 2024 8:30 AM ET Company Participants Kevin Coleman - Vice President, Investor Relations and Treasurer Dave Zapico - Chairman and Chief Executive Officer Bill Burke - Executive Vice President and Chief Financial Officer Dalip Puri - Senior Vice President, Operational Finance Conference Call Participants Matt Summerville - D.A. Davidson Deane Dray - RBC Capital Markets Allison Poliniak - Wells Fargo Jeffrey Sprague - Vertical Research Partne ...
AMETEK (AME) Q4 Earnings & Sales Surpass Estimates, Rise Y/Y
Zacks Investment Research· 2024-02-06 19:26
AMETEK, Inc. (AME) reported fourth-quarter 2023 adjusted earnings of $1.68 per share, beating the Zacks Consensus Estimate by 3.7%. The bottom line rose 11% on a year-over-year basis.Net sales of $1.73 billion surpassed the Zacks Consensus Estimate by 0.3%. The top line rose 6.5% year over year.Top-line growth was driven by solid momentum across the Electronic Instruments Group (EIG) and Electromechanical Group (EMG) segments.AMETEK’s proper execution of the four core growth strategies, including operationa ...
Ametek (AME) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-06 15:45
Ametek (AME) reported $1.73 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 6.5%. EPS of $1.68 for the same period compares to $1.52 a year ago.The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of $1.73 billion. With the consensus EPS estimate being $1.62, the EPS surprise was +3.70%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
Ametek (AME) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-02-06 14:11
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% ...
Seeking Clues to Ametek (AME) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-02-01 15:21
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 ...
ITRI vs. AME: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-01-31 17:40
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 ...
Gabelli Funds to Host Pump, Valve & Water Systems Symposium at The Yale Club, New York, NY
Newsfilter· 2024-01-29 12:00
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 ...
AMETEK Announces Fourth Quarter 2023 Earnings Call and Webcasted Investor Conference Call Information
Prnewswire· 2024-01-19 13:00
- 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 ...
AMETEK Promotes Dalip M. Puri to Executive Vice President and Chief Financial Officer
Prnewswire· 2024-01-16 13:01
BERWYN, Pa., Jan. 16, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the Board of Directors has elected Dalip M. Puri as Executive Vice President and Chief Financial Officer, effective April 2, 2024. Mr. Puri currently serves as Senior Vice President, Operational Finance. He will replace William J. Burke who has announced his retirement after 36 years with AMETEK.  "I am very pleased to announce Dalip's appointment as Executive Vice President and Chief Financial Officer," said David A. Zapico ...