Ametek (AME) Tops Q3 EPS by 4c

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Go back to Ametek (AME) Tops Q3 EPS by 4c

AMETEK Announces Third Quarter Results And Raises 2018 Guidance

November 1, 2018 6:55 AM EDT

BERWYN, Pa., Nov. 1, 2018 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the third quarter ended September 30, 2018.  

AMETEK's third quarter 2018 sales were $1.19 billion, up 10% compared to the third quarter of 2017, with organic sales growth of 7%. Operating income in the quarter increased 15% to $265.3 million and operating income margins were 22.2%, up 100 basis points versus the prior-year period. Earnings in the quarter were $0.82 per diluted share, up 24% compared to the third quarter of 2017.

"I am very pleased with our results for the quarter. Organic sales growth was above our... More