Ametek reports Q1 adjusted EPS $1.64, consensus $1.59

Reports Q1 revenue $1.74B, consensus $1.78B. “I am very pleased with our results in the first quarter,” said David A. Zapico, AMETEK Chairman and Chief Executive Officer. “Our businesses delivered outstanding operating performance resulting in record adjusted operating income, a robust 180 basis points of core margin expansion, and double-digit growth in adjusted earnings per share. We also generated strong cash flow in the quarter with operating cash flow of $410 million and free cash flow conversion of 123%.”