Ametek Inc. Q3 Income Climbs 3%

(RTTNews) - Ametek Inc. (AME) released earnings for its third quarter that climbed from last year.

The company said its bottom line came in at $156.40 million, or $0.65 per share. This was up from $152.53 million, or $0.62 per share, in last year's third quarter.

Analysts had expected the company to earn $0.65 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.9% to $1.00 billion. This was down from $1.03 billion last year.

Ametek Inc. earnings at a glance:

-Earnings (Q3): $156.40 Mln. vs. $152.53 Mln. last year. -Earnings Growth (Y-o-Y): 2.5% -EPS (Q3): $0.65 vs. $0.62 last year. -EPS Growth (Y-o-Y): 4.8% -Analysts Estimate: $0.65 -Revenue (Q3): $1.00 Bln vs. $1.03 Bln last year. -Revenue Change (Y-o-Y): -2.9%

-Guidance: Next quarter EPS guidance: $0.63 Full year EPS guidance: $2.55