AMETEK (AME) to Report Q1 Earnings: What's in the Offing?

Published on 29 Apr 2024 on Zacks via Yahoo Finance

AMETEK (AME) to Report Q1 Earnings: What's in the Offing?

AMETEK, Inc. AME is scheduled to report first-quarter 2024 results on May 2.For the first quarter, AMETEK expects sales growth in the low-double digits from the year-ago quarter’s reported figure. The Zacks Consensus Estimate for sales is pegged at $1.78 billion, suggesting an increase of 11.2% from the year-ago quarter’s reported figure.AMETEK expects adjusted earnings of $1.56-$1.60 per share, indicating growth of 5-7% from the year-ago quarter’s reported number. The Zacks Consensus Estimate for earnings is pinned at $1.59 per share, implying growth of 6.7% from the prior-year quarter’s reported numbers.AME’s earnings beat estimates in the trailing four quarters, the average being 4.12%.

AMETEK, Inc. Price and EPS Surprise

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AMETEK (AME) to Report Q1 Earnings: What's in the Offing?

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