Ametek Earnings Preview: Can This Streak Continue?
Ametek (NYSE:AME) will report earnings before markets open on Thursday, April 25th. AMETEK, Inc. is a global manufacturer of electronic instruments and electromechanical devices. The Company manufactures advanced instruments for process, aerospace, power and industrial markets and is a supplier of electrical interconnects, specialty metals, technical motors and systems, and floor care and specialty motors.
Here is your Cheat Sheet to Ametek Earnings:
Earnings Expectations: Analysts expect earnings of $0.51 per share on revenues of $905.82 million. Currently, the company’s P/E ratio stands at 21.22.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.52 to a profit $0.53. For the current year, the average estimate is a profit of $2.12, which is better than the estimate ninety days ago.
Here’s how Ametek has been performing on an annual basis:
|Revenue ($) in millions||2,531||2,098||2,471||2,990||3,334|
|Diluted EPS ($)||1.02||0.8467||1.18||1.58||1.88|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||762.75||827.15||825.90||839.37||841.79|
|Diluted EPS ($)|
Ametek has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)