Ametek: Q2 Earnings Snapshot
BERWYN, Pa. — BERWYN, Pa. — Ametek Inc. (AME) on Tuesday reported second-quarter profit of $324.2 million. On a per-share basis, the Berwyn, Pennsy...
BERWYN, Pa. — BERWYN, Pa. — Ametek Inc. (AME) on Tuesday reported second-quarter profit of $324.2 million. On a per-share basis, the Berwyn, Pennsylvania-based company said it had net income of $1.40. Earnings, adjusted for amortization costs, were $1.57 per share. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share. The maker of electronic instruments and electromechanical devices posted revenue of $1.