financetom
Business
financetom
/
Business
/
AMETEK's Q1 Adjusted Earnings, Net Sales Rise; 2024 Non-GAAP EPS Guidance Lifted
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AMETEK's Q1 Adjusted Earnings, Net Sales Rise; 2024 Non-GAAP EPS Guidance Lifted
May 2, 2024 4:49 AM

07:28 AM EDT, 05/02/2024 (MT Newswires) -- AMETEK ( AME ) reported Q1 adjusted earnings Thursday of $1.64 per diluted share, up from $1.49 a year earlier.

Analysts polled by Capital IQ expected $1.59.

Net sales for the quarter ended March 31 was $1.74 billion, compared with $1.60 billion a year ago. Analysts surveyed by Capital IQ expected $1.78 billion.

The company said it expects fiscal 2024 adjusted earnings of $6.74 to $6.86 per diluted share, compared with $6.70 to $6.85 anticipated previously. Analysts polled by Capital IQ expect $6.84.

The company also said it expects Q2 adjusted earnings of $1.63 to $1.65 per diluted share. Analysts polled by Capital IQ expect $1.67.

Price: 173.86, Change: -0.12, Percent Change: -0.07

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Crown Holdings beats Q2 sales, adjusted profit estimates
Crown Holdings beats Q2 sales, adjusted profit estimates
Jul 21, 2025
Overview * Crown Holdings ( CCK ) Q2 rev grows to $3.149 bln, beating analyst expectations * Adjusted EPS for Q2 rises 19% to $2.15, surpassing consensus * Company has increased its full year 2025 expectations for adjusted earnings per share and adjusted free cash flow. Outlook * Crown Holdings ( CCK ) expects Q3 adjusted EPS of $1.95 to...
AGNC reports wider Q2 net loss per share 
AGNC reports wider Q2 net loss per share 
Jul 21, 2025
Overview * AGNC Q2 comprehensive loss per share $0.13, flat yoy * AGNC Q2 net loss per common share at $0.17 vs net loss per common share of $0.11 yoy * Tangible net book value per share decreased 5.3% to $7.81 * Economic return on tangible equity -1.0%, driven by dividends and book value decline Outlook * AGNC anticipates favorable...
Kootenay Silver Set to Launch Its 2025 Columba Project Drill Program in August
Kootenay Silver Set to Launch Its 2025 Columba Project Drill Program in August
Jul 21, 2025
04:18 PM EDT, 07/21/2025 (MT Newswires) -- Kootenay Silver ( KOOYF ) on Monday afternoon said it scheduled drill crews to arrive by the end of July to start its 50,000-meter 2025 drilling program at its Columba Project in Mexico. The first drill is set to start in early August, followed by a second expected about ten days later, the...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved