Ametek (AME) Reports In-Line Q1 EPS, FY Guidance Fall Short of Consensus

Ametek (NYSE: AME) reported Q1 EPS of $0.57, in-line with the analyst estimate of $0.57. Revenue for the quarter came in at $944.4 million versus the consensus estimate of $966.27 million.

GUIDANCE:

Ametek sees FY2016 EPS of $2.42-$2.52, versus the consensus of $2.57.

• sales to be roughly flat versus last year

Ametek sees Q2 2016 EPS of $0.58-$0.59, versus the consensus of $0.65.

• sales are expected to be down low single digits

For earnings history and earnings-related data on Ametek (AME) click here.

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