AMETEK Q2 2024 Adj. EPS $1.66 Beats $1.64 Estimate, Sales $1.734B Miss $1.784B Estimate
Portfolio Pulse from Benzinga Newsdesk
AMETEK (NYSE:AME) reported Q2 2024 adjusted EPS of $1.66, beating the estimate of $1.64, but sales of $1.734 billion missed the $1.784 billion estimate. EPS increased by 5.73% year-over-year, while sales grew by 5.35%.
August 01, 2024 | 10:56 am
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AMETEK's Q2 2024 earnings per share of $1.66 beat estimates, but sales of $1.734 billion missed expectations. EPS increased by 5.73% year-over-year, while sales grew by 5.35%.
While AMETEK's EPS beat estimates, the miss on sales could create mixed sentiment among investors. The year-over-year growth in both EPS and sales is positive, but the sales miss might temper enthusiasm.
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