Ametek reports Q4 EPS $1.68, consensus $1.63

Reports Q4 revenue $1.73B, consensus $1.74B. “AMETEK’s fourth quarter and full year performance was exceptional,” noted David A. Zapico, Ametek chairman and CEO. “Contributions from organic sales growth and recent acquisitions, along with tremendous operating performance, led to robust margin expansion, record earnings and impressive cash flow growth in the quarter and the full year. We also continued to strengthen our portfolio in 2023, deploying approximately $2.25 billion in capital on acquisitions, including our most recent acquisition, Paragon Medical.”