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Ametek beats profit estimates on strong demand from aerospace, defense sectors

(Reuters) - Industrial technology solutions provider Ametek beat estimates for first-quarter profit on Thursday, as it benefited from a boom in the aerospace and defense sectors. Robust air travel demand and simmering geopolitical tensions have dri. ....

Shivansh Tiwary , Shinjini Ganguli , Electronic Instruments Group , Wall Street ,

AMETEK (NYSE:AME) Updates Q2 Earnings Guidance

AMETEK (NYSE:AME – Get Free Report) updated its second quarter earnings guidance on Thursday. The company provided earnings per share guidance of $1.63-$1.65 for the period, compared to the consensus earnings per share estimate of $1.67. AMETEK also updated its FY24 guidance to $6.74-$6.86 EPS. Wall Street Analyst Weigh In Several equities research analysts have […] ....

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LGT Group Foundation Buys 861 Shares of AMETEK, Inc. (NYSE:AME)

LGT Group Foundation boosted its stake in AMETEK, Inc. (NYSE:AME – Free Report) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 178,098 shares of the technology company’s stock after acquiring an additional 861 shares during the quarter. LGT Group Foundation […] ....

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