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Barchart
Barchart
Aditya Sarawgi

What You Need to Know Ahead of AMETEK's Earnings Release

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 $44.7 billion, AMETEK operations span the Americas, Asia, Europe, and internationally.

The industrial sector giant is expected to announce its Q4 results on Tuesday, Feb. 4. Ahead of the event, analysts expect AMETEK to report a profit of $1.84 per share, up 9.5% from $1.68 per share reported in the year-ago quarter. Furthermore, the company has consistently surpassed Wall Street’s adjusted EPS projections in each of the past four quarters. Its adjusted EPS for the last reported quarter increased 1.2% year-over-year to $1.66, exceeding the consensus estimates by 2.5%.

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