"For the first quarter of 2023, overall sales are also expected to be up mid-single digits compared to the same period last year. Adjusted earnings in the quarter are anticipated to be in the range of $1.38 to $1.42
AMETEK (NYSE:AME) reported quarterly earnings of $1.52 per share which beat the analyst consensus estimate of $1.47 by 3.4 percent. This is a 10.95 percent increase over earnings of $1.37 per share from the same period
According to Benzinga Pro, during Q3, AMETEK (NYSE:AME) earned $297.64 million, a 5.41% increase from the preceding quarter. AMETEK also posted a total of $1.55 billion in sales, a 2.44% increase since Q2.
On Monday, shares of AMETEK, Inc. (NYSE: AME) experienced volatile short activity. After the activity, the stock price went up +0.29% to $129.66.
The overall sentiment for AME has been Bearish.
Over the past 3 months, 6 analysts have published their opinion on AMETEK (NYSE:AME) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.