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Ametek Inc. (AME) revealed earnings for its second quarter that climbed from last year.


RTTNews | Aug 3, 2021 07:02AM EDT

07:01 Tuesday, August 3, 2021 (RTTNews.com) - Ametek Inc. (AME) revealed earnings for its second quarter that climbed from last year.

The company's earnings came in at $231.68 million, or $1.00 per share. This compares with $166.22 million, or $0.72 per share, in last year's second quarter.

Analysts had expected the company to earn $1.10 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 37.6% to $1.39 billion from $1.01 billion last year.

Ametek Inc. earnings at a glance:

-EPS (Q2): $1.15 vs. $0.84 last year.-Analysts Estimate: $1.10-Revenue (Q2): $1.39 Bln vs. $1.01 Bln last year.

-Guidance:Next quarter EPS guidance: $1.16 to $1.18Full year EPS guidance: $4.62 to $4.68

Read the original article on RTTNews ( https://www.rttnews.com/3215142/ametek-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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