Ametek Inc

NYSE:AME   3:59:59 PM EDT
130.88
-5.26 (-3.86%)
Positive Earnings Pre-Announcement

Ametek Reports Q1 Adjusted EPS $1.07

Published: 05/04/2021 11:07 GMT
Ametek Inc (AME) - Ametek Announces First Quarter Results and Raises 2021 Guidance.
Q1 GAAP Earnings per Share $0.94.
Q1 Adjusted Earnings per Share $1.07.
Q1 Sales Rose 1 Percent to $1.22 Billion.
Ametek - for 2021, Now Expect Overall Sales to Be Up High Teens on a Percentage Basis Compared to Prior Year, With Organic Sales Up High Single Digits.
Adjusted Earnings per Diluted Share Are Expected to Be in Range of $4.48 to $4.56 for 2021.
Overall Sales in Q2 Are Expected to Be Up in Low 30% Range Versus Q2 of 2020.
Anticipate Adjusted Earnings per Diluted Share Will Be in Range of $1.08 to $1.10 for Q2 2021.
Q1 Earnings per Share View $1.01, Revenue View $1.17 Billion -- Refinitiv Ibes Data (analyst estimates).
Q2 Earnings per Share View $1.04, Revenue View $1.19 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2021 Earnings per Share View $4.31, Revenue View $4.88 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.27 Billion
Adjusted EPS is expected to be $1.08

Next Quarter Revenue Guidance is expected to be $1.31 Billion
Next Quarter EPS Guidance is expected to be $1.14

More details on our Analysts Page.