earnings
confidence high
sentiment positive
materiality 0.80
AMETEK reports record Q3 sales $1.44B (+28%); raises FY adjusted EPS guidance to $4.76-$4.78
AMETEK INC/
2021-Q3 EPS reported
$3.04
revenue$4,042,769,000
- GAAP EPS $1.10; adjusted EPS $1.26 (record), up 25% YoY.
- EIG sales record $981.8M (+31%); EMG sales $458.9M (+21%).
- Segment operating margins both 25.0%; record backlog $2.6B.
- FY2021 adjusted EPS raised to $4.76-$4.78 from $4.62-$4.68.
- Q4 adjusted EPS guidance $1.28-$1.30 (+19-20% YoY).