AMETEK Q3 sales beat estimates, raises outlook
AME•AMETEK’s third-quarter sales rose 17% to $2.22 billion and adjusted EPS increased 17% to $2.21, beating analyst estimates. The company raised its 2026 adjusted EPS guidance to $8.53-$8.57 and expects sales to rise by a mid-teens percentage versus 2025.
1. Quarterly results
Third-quarter sales rose 17% to $2.22 billion, above the $2.13 billion consensus estimate. Adjusted EPS increased 17% to $2.21, beating the $2.11 estimate; net income was $426.30 million.
2. Raised outlook
AMETEK raised its 2026 adjusted EPS guidance to $8.53-$8.57 from $8.20-$8.30 and expects 2026 sales to rise by a mid-teens percentage versus 2025. It forecast fourth-quarter adjusted EPS of $2.26-$2.30, up 12%-14% year over year.
3. Growth drivers
The company attributed sales and profit growth to strong organic sales and orders, acquisition contributions including Indicor Instrumentation, improved operating margins and cash flow conversion.
