For Q4, AMETEK Sees Sales To Be Up Mid-Single Digits Y/Y, Adjusted EPS Of $1.61-$1.63 Vs. Consensus $1.61
Portfolio Pulse from Benzinga Newsdesk
AMETEK expects its Q4 sales to increase by mid-single digits year-over-year, with an adjusted EPS of $1.61-$1.63, in line with the consensus estimate of $1.61.
October 31, 2023 | 11:13 am
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NEUTRAL IMPACT
AMETEK's Q4 sales and EPS forecasts are in line with market expectations, which could stabilize its stock price in the short term.
AMETEK's Q4 sales and EPS forecasts are in line with market expectations. This suggests that the company's performance is as expected, which could prevent any major fluctuations in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100