AMETEK Expects Q4 Sales Growth Of Mid Single Digit YoY Vs $1.80B Est, Adj EPS Of $1.81-$1.86 Vs $1.84 Est
Portfolio Pulse from Benzinga Newsdesk
AMETEK anticipates a mid-single-digit year-over-year sales growth for Q4 2024, with adjusted EPS expected to range between $1.81 and $1.86, reflecting an 8% to 11% increase from Q4 2023.
October 31, 2024 | 11:11 am
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AMETEK forecasts Q4 2024 sales growth in the mid-single digits year-over-year, with adjusted EPS expected to be between $1.81 and $1.86, indicating an 8% to 11% increase from Q4 2023.
AMETEK's positive sales and earnings growth projections for Q4 2024 suggest a strong performance, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100