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Stock impact report

Ametek Q3 Earnings Beat: Will Strong Guidance Lift the Stock? [Yahoo! Finance]

AMETEK, Inc. (AME) 
Last ametek, inc. earnings: 2/5 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
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 Electronic Instruments Group (EIG) segments supported by a better-than-expected operational performance. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Ametek's overall performance in the third quarter was steered by a strong portfolio combined with operational excellence and efforts in product development and acquisitions. Looking forward, Ametek provided top-line guidance for the fourth quarter, which is above the Zacks Consensus Estimate. The company's better-than-expected third-quarter performance, along with an impressive fourth-quarter outlook, is likely to attract investors. Shares of AME have Show less Read more
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