Ametek Earnings Preview: Can This Streak Continue?

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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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Ametek has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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 ($) in millions 762.75 827.15 825.90 839.37 841.79
Diluted EPS ($)

Past Performance:
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)

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