AMETEK Q3 2024 Adj. EPS $1.66 Beats $1.62 Estimate, Sales $1.709B Miss $1.710B Estimate
Portfolio Pulse from Benzinga Newsdesk
AMETEK reported its Q3 2024 financial results, with adjusted EPS of $1.66 beating the estimate of $1.62, while sales of $1.709 billion slightly missed the $1.710 billion estimate.
October 31, 2024 | 10:56 am
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AMETEK's Q3 2024 adjusted EPS of $1.66 surpassed expectations, but sales of $1.709 billion slightly missed the forecast of $1.710 billion.
AMETEK's earnings per share exceeded expectations, which is a positive indicator for investors. However, the slight miss in sales may temper enthusiasm, leading to a neutral short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100