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Ametek Inc Issues Q1 2013 Guidance; EPS Guidance Above Analysts' Estimates; Issues FY 2013 Guidance In Line With Analysts' Estimates

Thursday, 24 Jan 2013 07:01am EST 

Ametek Inc announced that for the first quarter of 2013, it expects sales to be up approximately 10% from first quarter of 2012 and earnings to be approximately $0.49 to $0.51 per diluted share. For fiscal 2013, it expects revenue to be up in the high single digits on a percentage basis from fiscal 2012, reflecting low to mid single digit core growth and contributions from recent acquisitions including Dunkermotoren and Micro-Poise and earnings to be in the range of $2.07 to $2.12 per diluted share. The Company reported revenue of $827.15 million in the first quarter of 2012 and revenue of $3.33 billion in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $863 million and EPS of $0.48 the first quarter of 2013; revenue of $3.621 billion and EPS of $2.10 for fiscal 2013. 

Company Quote

-0.39 -0.76%
12:15pm EDT