Core Viewpoint - AMETEK, Inc. is expected to report second-quarter 2024 results on August 1, with anticipated sales growth in the mid to high-single digits and adjusted earnings growth of 4-5% from the previous year [1][2]. Group 1: Financial Expectations - The Zacks Consensus Estimate for AMETEK's sales is $1.77 billion, indicating a 7.8% increase from the year-ago quarter [1]. - Adjusted earnings are expected to be between $1.63 and $1.65 per share, with a consensus estimate of $1.64 per share, reflecting a growth of 4.5% from the prior-year quarter [1][2]. Group 2: Segment Performance - The Electromechanical Group (EMG) segment is projected to show strong performance, with sales estimated at $603.96 million, representing an 18.1% growth year-over-year [2]. - The Electronic Instruments Group (EIG) segment is also expected to perform well, with sales estimated at $1.17 billion, indicating a 3.2% growth from the previous year [2]. Group 3: Market Dynamics - Increasing demand in high-growth markets such as medical technology, clean energy, and electrification is anticipated to positively impact AMETEK's performance [3]. - The company's execution of core growth strategies, including operational excellence and global market expansion, is expected to contribute to its second-quarter results [3]. Group 4: Challenges - High goodwill from aggressive acquisition strategies and rising geopolitical tensions are expected to pose challenges for AMETEK [3]. - Macroeconomic uncertainties and unfavorable foreign exchange fluctuations are also anticipated concerns [3]. Group 5: Earnings Prediction Model - According to the Zacks model, AMETEK currently has an Earnings ESP of -0.61% and a Zacks Rank of 3, indicating lower odds of an earnings beat [4].

- 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 ...

Core Insights - AMETEK, Inc. has appointed Keith J. Kowalski as Vice President and General Manager of the AMS Division, highlighting his strong leadership and track record of growth within the company [1] - Kowalski has a long history with AMETEK, having joined in 1995 and held various roles, including Vice President of Technology and Divisional Vice President for different business units [1][2] - AMETEK reported annualized sales of approximately $7.0 billion and aims for double-digit percentage growth in earnings per share over the business cycle [3] Company Overview - AMETEK is a leading global provider of industrial technology solutions, serving diverse niche markets [3] - The company integrates four growth strategies: Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions, with a focus on cash generation and capital deployment [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]

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 ...

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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 ...

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 ...

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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 March 31, 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 of ...