AMETEK Announces Second Quarter Results and Raises 2019 Guidance

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Ametek (AME) Tops Q2 EPS by 3c, Revenues Miss; Raises FY19 EPS Guidance, Affirms Q3 EPS Outlook

July 30, 2019 7:00 AM EDT

Ametek (NYSE: AME) reported Q2 EPS of $1.05, $0.03 better than the analyst estimate of $1.02. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.31 billion.

"I am very pleased with our strong performance in the second quarter," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Continued solid organic sales growth, combined with contributions from recent acquisitions and excellent operating performance helped drive 14%... More