secwatch.observer — SEC 8-K summary
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Issuer:     AMETEK INC/ (AME)
CIK:        0001037868
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001037868-24-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMETEK posts record Q1 sales $1.74B, adj EPS $1.64, raises FY2024 guidance
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- Record Q1 sales $1.74B (+9% YoY); adjusted EPS $1.64 (+10% YoY).
- Adjusted operating income record $446.4M (25.7% margins, +30bps).
- EIG sales $1.16B (+4%), operating margin 30.5% (+280bps); EMG sales $579.4M (+21%).
- Raised FY2024 adj EPS guidance to $6.74-$6.86 (prev $6.70-$6.85); Q2 adj EPS $1.63-$1.65.
- Operating cash flow $410M; free cash flow conversion 123%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037868/000103786824000028/0001037868-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037868/000103786824000028/ame-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001037868-24-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer