Ametek (AME) Reports In-Line Q4 EPS

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Go back to Ametek (AME) Reports In-Line Q4 EPS

AMETEK Announces Fourth Quarter 2016 Results

February 7, 2017 6:45 AM EST

BERWYN, Pa., Feb. 7, 2017 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the three month and full year periods ended December 31, 2016. 

AMETEK reported fourth quarter 2016 sales of $973.0 million, down 1.5% from last year's fourth quarter.  On a GAAP basis, fourth quarter 2016 operating income was $173.2 million and diluted earnings per share were $0.47.  Excluding adjustments of $39.5 million, or $0.11 per diluted share, fourth quarter 2016 operating income was $212.7 million and diluted earnings per share were $0.58.  A reconciliation of reported GAAP results... More