Ametek (AME) Tops Q4 EPS by 3c, Offers Outlook

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AMETEK Announces Record Fourth Quarter and Full Year Results and Issues 2018 Guidance

February 1, 2018 6:55 AM EST

BERWYN, Pa., Feb. 1, 2018 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the three month and full year periods ended December 31, 2017, delivering record levels of sales, operating income, net income, diluted earnings per share and cash flow for both the fourth quarter and full year.

AMETEK reported fourth quarter 2017 sales of $1.14 billion, an increase of 17% compared to the fourth quarter of 2016 with 9% organic sales growth. On a GAAP basis, fourth quarter 2017 operating income was $229.6 million and diluted earnings per share were... More