Ametek reports Q4 adjusted EPS $1.52, consensus $1.47

Reports Q4 revenue $1.63B, consensus $1.59B. "AMETEK completed a record year with an outstanding fourth quarter," commented David A. Zapico, AMETEK chairman and CEO. "Our results in the quarter were ahead of expectations driven by continued broad-based sales growth and exceptional operating performance. AMETEK’s operating flexibility allowed us to deliver excellent margin expansion, strong cash flows and outstanding earnings growth in the quarter. Additionally, we ended the year with a record backlog of $3.2 billion, positioning us well as we look ahead to 2023."