earnings
confidence high
sentiment positive
materiality 0.80
AMETEK reports record Q1 sales $1.93B, raises FY guidance, acquires First Aviation
AMETEK INC/
2026-Q1 EPS
reported $1.74
vs consensus $1.92
▼ miss
(-9.5%)
- Q1 sales $1.93B (+11% YoY); GAAP EPS $1.74, adjusted EPS $1.97 (+13%).
- FY 2026 adjusted EPS guidance raised to $7.94-$8.14 (prior $7.87-$8.07), up 7-10% YoY.
- Q2 2026 guidance: adjusted EPS $1.96-$2.00 (up 10-12% YoY), sales up high single digits.
- Agreed to acquire First Aviation Services (~$80M annual sales), a defense/aviation MRO provider.
- Record orders up 23% in Q1; record backlog; core margins expanded 160 bps.