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Ametek Inc. (AME) shares rose 1.68% on May 2, 2025, with a trading volume of $197 million, ranking 477th in the day's market activity.
Ametek reported its first-quarter 2025 financial results, with sales of $1.73 billion, matching the same period last year. The company's operating income increased by 2% to $454.8 million. The company's first-quarter profit was $351.8 million, with net income of $1.52 per share.
AMETEK's first-quarter 2025 non-GAAP earnings were $1.75 per share, surpassing the Zacks Consensus Estimate by 3.6% and increasing 7% year over year. The company's revenue for the period fell 0.3% to $1.731 billion from $1.736 billion last year.
Analysts had expected the company to earn $1.69 per share, but Ametek's adjusted earnings for the period were $1.75 per share. The company's first-quarter 2025 results reflect declining sales growth in the Electronic Instruments Group segment.
For the full year,
provided EPS guidance of $7.02 to $7.18.
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