Ametek Q3 Earnings Beat: Will Strong Guidance Lift the Stock? [Yahoo! Finance]
AMETEK, Inc. (AME)
Last ametek, inc. earnings: 2/5 06:55 am
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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
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AME
News
- AMETEK, Inc. (NYSE: AME) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- AMETEK, Inc. (NYSE: AME) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- AMETEK, Inc. (NYSE: AME) was upgraded by analysts at Bank of America Co. from a "neutral" rating to a "buy" rating. They now have a $225.00 price target on the stock, up previously from $195.00.MarketBeat
- Remote Tank Monitoring Market Global Report 2024 - Coverage of 65+ RTM Solution Vendors Active in the World Market [Yahoo! Finance]Yahoo! Finance
- AMETEK, Inc. (NYSE: AME) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
AME
Earnings
- 10/31/24 - Beat
AME
Sec Filings
- 11/27/24 - Form 4
- 11/26/24 - Form 4
- 11/26/24 - Form 144
- AME's page on the SEC website