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AMETEK, Inc. (AME) Q4 2023 Earnings Call Transcript
AMETEK's (AME) fourth-quarter results benefit from solid momentum across the EIG and EMG segments.
Although the revenue and EPS for Ametek (AME) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Ametek (AME) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.52 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ametek (AME), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.
Investors looking for stocks in the Electronics - Testing Equipment sector might want to consider either Itron (ITRI) or Ametek (AME). But which of these two stocks presents investors with the better value opportunity right now?
- Earnings to be released before market opens on Tuesday, February 6, 2024 - BERWYN, Pa. , Jan. 19, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) will issue its fourth quarter 2023 earnings release before the market opens on Tuesday, February 6, 2024.
Ametek (AME) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.