Key Developments: Ametek Inc (AME)
43.11USD
23 May 2013
$-0.15 (-0.35%)
$43.26
$42.90
$43.19
$42.68
985,505
977,799
$43.94
$29.86
Latest Key Developments (Source: Significant Developments)
Ametek Inc Declares Quarterly Dividend
Ametek Inc announced that it declared a regular quarterly dividend of $0.06 per share for the second quarter ending June 30, 2013. The second quarter dividend is payable June 28, 2013, to shareholders of record as of June 14, 2013. Full Article
Ametek Inc Issues Q2 2013 Guidance Below Analysts' Estimates; Reaffirms FY 2013 Revenue Guidance; Raises Low End Of Prior FY 2013 EPS Guidance
Ametek Inc announced that for second quarter of 2013, it expects sales to be up mid to high single digits over last year's second quarter. The Company expects earnings to be approximately $0.51 to $0.52 per diluted share (EPS). For fiscal 2013, it expects revenue to be up high single digits on a percentage basis from 2012, reflecting low to mid-single digit core growth and contributions from recent acquisitions. Earnings for fiscal 2013 are expected to be in the range of $2.08 to $2.12 per diluted share, up 11% to 13% over 2012, reflecting the leveraged impact of core growth, operational initiatives and the contributions from recently acquired businesses. The Company reported revenue of $825.90 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 $908 million and EPS of $0.53 for second quarter of 2013; revenue of $3.62 billion and EPS of $2.12 for fiscal 2013. Full Article
Ametek Inc Declares Quarterly Dividend
Ametek Inc announced that it has declared a regular quarterly dividend of $0.06 per share for the first quarter ending March 31, 2013. The first quarter dividend is payable March 28, 2013, to shareholders of record as of March 14, 2013. Full Article
Ametek Inc Issues Q1 2013 Guidance; EPS Guidance Above Analysts' Estimates; Issues FY 2013 Guidance In Line With Analysts' Estimates
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. Full Article
Ametek Inc Declares Quarterly Dividend
Ametek Inc announced The Board of Directors have declared a regular quarterly dividend of $0.06 per share for the fourth quarter ending December 31, 2012. The fourth quarter dividend is payable December 21, 2012, to shareholders of record as of December 7, 2012. Full Article
Ametek Inc Reaffirms FY 2012 EPS Guidance-Conference Call
Ametek, Inc. announced that for fiscal 2012, it expects earnings to up 16% to 17%. The Company reported EPS of $1.58 in fiscal 2011. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $1.84 for fiscal 2012. Full Article
Ametek, Inc. Reaffirms FY 2012 EPS Guidance-Conference Call
Ametek, Inc. announced that it is optimistic about fiscal 2012 earnings estimates of $1.83 to $1.85 per diluted share. Full Article
Ametek, Inc. Declares Quarterly Dividend
Ametek, Inc. announced that it declared a regular quarterly dividend of $0.06per share for the third quarter ending September 30, 2012. The third quarter dividend is payable September 28, 2012, to shareholders of record as of September 14, 2012. Full Article
Ametek, Inc. Issues Q3 2012 Guidance; Revenue Guidance Below Analysts' Estimates; Reaffirms FY 2012 Revenue Guidance; Raises FY 2012 EPS Guidance
Ametek, Inc. announced that for third quarter of 2012, it expects sales are expected to be up low double digits on a percentage basis over last year's third quarter. Earnings to be approximately $0.45 to $0.46 per diluted share (EPS), an increase of 13% to 15% over last year's third quarter of $0.40 per diluted share. For fiscal 2012, it expects revenue to be up low double digits on a percentage basis from 2011 with organic growth of low to mid single digits on a percentage basis. Earnings for fiscal 2012 are expected to be in the range of $1.83 to $1.85 per diluted share, up 16% to 17% over 2011, reflecting the leveraged impact of core growth, the benefit from recent acquisitions and operational initiatives. This is an increase from previous guidance of $1.80 to $1.83 per diluted share that was given as part of our first quarter earnings release. The Company reported revenue of $750 million in third quarter of 2011 and revenues of $2.99 billion for fiscal 2012. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $876 million and EPS of $0.46 for third quarter of 2012; revenue of $3.424 billion and EPS of $1.85 for fiscal 2012. Full Article
Ametek, Inc. Completes Acquisition Of Dunkermotoren GmbH
Ametek, Inc. announced that it has completed the previously announced acquisition of the parent company of Dunkermotoren GmbH. The privately held manufacturer has expected 2012 sales of approximately EUR155 million ($200 million) and is headquartered in Bonndorf, Germany. AMETEK acquired the business from Triton, a European private equity firm for approximately EUR250 million ($320 million), net of cash received. The business joins AMETEK as part of AMETEK Precision Motion Control, a division of AMETEK's Electromechanical Group (EMG). Full Article
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