Ametek (AME) Tops Q4 EPS by 1c; Guides In-Line

Ametek (NYSE: AME) reported Q4 EPS of $0.63, $0.01 better than the analyst estimate of $0.62. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1.04 billion.

Ametek sees Q1 EPS of $0.61-$0.63, versus the consensus of $0.63.

Ametek sees FY2015 EPS of $2.58-$2.63, versus the consensus of $2.62.

"AMETEK had a strong fourth quarter to complete another excellent year. Strong growth, record operating performance, and the contributions from our acquired businesses allowed us to exceed our fourth quarter earnings expectations. In addition, our orders were very strong in the quarter, totaling $1.0 billion, up 10% from last year's fourth quarter with 7% core growth," noted Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.

"Cash flow was also very strong, with both the fourth quarter and full year results representing records. Operating cash flow was $213.3 million for the quarter and $726.0 million for the year," continued Mr. Hermance.

For earnings history and earnings-related data on Ametek (AME) click here.

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