Ametek (AME) Tops Q4 EPS by 2c, Revenues Beat; Offers FY19 EPS Outlook Above Consensus
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AMETEK Announces Record Fourth Quarter And Full Year Results
February 5, 2019 6:55 AM ESTBERWYN, Pa., Feb. 5, 2019 /PRNewswire/ --Â AMETEK, Inc. (NYSE: AME) today announced its financial results for the fourth quarter and full year ended December 31, 2018.
AMETEK's fourth quarter 2018 sales were a record $1.27 billion, up 11% compared to the fourth quarter of 2017, with organic sales growth of 5%. Operating income increased 14% to a record $282.0Â million, and operating margins expanded to 22.2%, up 50 basis points over the prior year's adjusted results.
On a GAAP basis, fourth quarter earnings per diluted share were $0.91. Excluding an after-tax gain of $11.8 million, or... More
