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Ametek Inc Issues Q4 2013 Guidance; Revenue Guidance Above Analysts' Estimates; Reaffirms FY 2013 Revenue Guidance; Updates FY 2013 EPS Guidance To A Range In Line With Analysts' Estimates


Tuesday, 29 Oct 2013 07:00am EDT 

Ametek Inc announced that fourth quarter 2013 sales are expected to be up high single digits on a percentage basis over last year's fourth quarter, with organic sales up mid-single digits on a percentage basis. The Company estimates earnings to be approximately $0.54 per diluted share. The Company anticipate fiscal 2013 revenues to be up mid-single digits on a percentage basis from fiscal 2012. The Company expect earnings for fiscal 2013 to be approximately $2.09 per diluted share (EPS). The Company reported revenue of $841.79 million in the fourth quarter of 2012 and revenue of $3.334 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $890.40 million and EPS of $0.54 for the fourth quarter of 2013; and revenue of $3.539 billion and EPS of $2.09 for fiscal 2013. 

Company Quote

51.33
0.5 +0.98%
24 Oct 2014