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Berwyn, Pennsylvania-based AMETEK, Inc. (AME) manufactures and sells electronic instruments and electromechanical devices. It operates through the Electronic Instruments Group (EIG) and the Electromechanical Group (EMG) segments. With a market cap of $41.1 billion, AMETEK operations span the Americas, Asia, Europe, and internationally.
The industrial giant is expected to announce its Q2 results before the markets open on Thursday, Jul. 31. Ahead of the event, analysts expect AME to report a profit of $1.68 per share, up 1.2% from $1.66 per share reported in the year-ago quarter. On a positive note, the company has consistently surpassed Street’s EPS projections in each of the past four quarters.