AMETEK Expects 2024 Overall Sales To Be Up Low Double Digits On A Percentage Basis Compared To 2023; Adjusted EPS Of $6.70-$6.85 (Est $6.83)
Portfolio Pulse from Benzinga Newsdesk
AMETEK projects its 2024 sales to increase by a low double-digit percentage compared to 2023, with an adjusted EPS forecast of $6.70-$6.85, closely aligning with the estimated $6.83.
February 06, 2024 | 11:59 am
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AMETEK expects a significant sales increase in 2024 and an adjusted EPS of $6.70-$6.85, aligning with analyst estimates.
The positive sales and EPS guidance for 2024 suggests strong business performance and operational efficiency, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
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