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Berwyn, Pennsylvania-based Ametek, Inc. (AME) is a leading manufacturer of electronic instruments and electromechanical devices in the aerospace, defense, medical, industrial, and power markets. With a market cap of $39.2 billion, the industrial services provider is scheduled to release its fiscal Q2 earnings results before the market opens on Thursday, Aug. 1.
Ahead of this event, analysts expect Ametek to report a profit of $1.64 per share, up 4.5% from $1.57 per share in the previous year's quarter. The company has surpassed Wall Street's bottom-line estimates in each of the past four quarters. In the most recent quarter, the company reported an EPS of $1.64, exceeding the consensus estimate by 3.1%.
