AMETEK stock reports an earnings beat at EUR 222.05
π AMETEK delivered an adjusted Q2 2026 EPS of USD 2.09, beating the consensus estimate of USD 1.99.
π° Revenue reached USD 2.04 billion, surpassing expectations of USD 1.95 billion with 15% year-over-year growth.
π Management raised full-year 2026 adjusted EPS guidance to a range of USD 8.20-8.30.
π€ BNP Paribas Exane raised the price target to USD 290.00 following the closing of the Indicor acquisition.
π The stock rose 0.41% to EUR 222.05, trading within a 52-week range of USD 179.24-261.16.
π The company operates two principal groups: Electronic Instruments and Electromechanical devices.
- AMETEK beat Q2 adjusted EPS expectations with a result of USD 2.09 versus the consensus of USD 1.99.
- Revenue growth was robust at 15% year-over-year, reaching USD 2.04 billion against forecasts of USD 1.95 billion.
- Management provided optimistic full-year guidance, projecting adjusted EPS between USD 8.20 and USD 8.30.
- BNP Paribas Exane upgraded the price target to USD 290.00, citing the strategic value of the Indicor deal.
- The stock price increased by 0.41% immediately following the earnings announcement.