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Ametek (AME) Beats Q2 Earnings Estimates
ZACKS· 2024-08-01 13:05
Ametek (AME) came out with quarterly earnings of $1.66 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.22%. A quarter ago, it was expected that this maker of electronic instruments and electromechanical devices would post earnings of $1.59 per share when it actually produced earnings of $1.64, delivering a surprise of 3.14% ...
AMETEK Announces Second Quarter Results
Prnewswire· 2024-08-01 10:55
BERWYN, Pa., Aug. 1, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the second quarter ended June 30, 2024.AMETEK's second quarter 2024 sales were $1.73 billion, a 5% increase over the second quarter of 2023. Operating income increased 7% to a record $447.5 million and operating margins were 25.8%, up 40 basis points from the second quarter of 2023. Operating cash flow in the quarter was $381.4 million, up 14% versus the prior year.On a GAAP basis, second quarter ear ...
AMETEK (AME) to Report Q2 Earnings: What's in the Offing?
ZACKS· 2024-07-29 16:41
AMETEK, Inc. (AME) is scheduled to report second-quarter 2024 results on Aug 1.For the second quarter, AMETEK expects sales growth in the mid to high-single digits from the year-ago quarter’s reported figure. The Zacks Consensus Estimate for sales is pegged at $1.77 billion, suggesting an increase of 7.8% from the year-ago quarter’s reported figure.AMETEK expects adjusted earnings of $1.63-$1.65 per share, suggesting growth of 4-5% from the year-ago quarter’s reported number. The Zacks Consensus Estimate fo ...
AMETEK Announces Second Quarter 2024 Earnings Call and Webcasted Investor Conference Call Information
Prnewswire· 2024-07-15 12:00
- Earnings to be released before market opens on Thursday, August 1, 2024 -BERWYN, Pa., July 15, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) will issue its second quarter 2024 earnings release before the market opens on Thursday, August 1, 2024.AMETEK will webcast its second quarter 2024 investor conference call on Thursday, August 1, 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 replay o ...
AMETEK Appoints Keith J. Kowalski Vice President and General Manager, Advanced Motion Solutions (AMS) Division
Prnewswire· 2024-07-01 12:35
BERWYN, Pa., July 1, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of Keith J. Kowalski as Vice President and General Manager, AMS Division. Mr. Kowalski previously served as Divisional Vice President and Business Unit Manager for the Precitech TMC business within AMETEK's Ultra Precision Technologies division. "I am pleased to announce Keith's promotion to Vice President and General Manager," commented David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Keith has ...
3 Testing Equipment Stocks With Bright Prospects to Watch
ZACKS· 2024-06-18 14:41
The Zacks Electronics – Testing Equipment industry has been benefiting from 5G-related growth opportunities, strengthening automation drive and the Industry 4.0 momentum for a while. The growing proliferation of self-driving vehicles and the Advanced Driver Assistance System are creating tailwinds for the industry players. The solid adoption of software-enabled testing instruments and devices is a positive. The increasing use of advanced electrical instruments in the pharmaceutical and healthcare industries ...
Here's Why Ametek (AME) is a Strong Growth Stock
zacks.com· 2024-05-29 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What ar ...
7 Surefire Stocks to Buy Each Time You Get a Paycheck
investorplace.com· 2024-05-29 10:00
Nothing is guaranteed in the market, but I have good personal conviction in several “Surefire” stocks to buy regularly. This is mostly due to how sticky their revenue and profits are, alongside their stable and consistent performance in the stock market up until now. Not only that, these stocks have also delivered solid growth and will likely keep compounding in the long run.I think boosting your holdings in some of these seven surefire stocks is a good idea each time you get a paycheck. These businesses wi ...
AMETEK Declares Quarterly Dividend
Prnewswire· 2024-05-09 12:00
BERWYN, Pa., May 9, 2024 /PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.28 per share for the second quarter ending June 30, 2024. This second quarter dividend is payable June 28, 2024 to shareholders of record as of June 14, 2024. Corporate ProfileAMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annualized sales of approximately $7.0 billion. The AMETEK Gro ...
International Markets and Ametek (AME): A Deep Dive for Investors
Zacks Investment Research· 2024-05-07 17:11
Have you assessed how the international operations of Ametek (AME) performed in the quarter ended March 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 the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial heal ...