AMETEK Reports Record Q1 Sales of $1.74 Billion and Raises 2024 Adjusted EPS Guidance
AMETEK reported first-quarter 2024 sales of $1.74 billion, up 9% from a year earlier, and adjusted earnings of $1.64 per diluted share, up 10%. The company raised its 2024 adjusted earnings per share guidance to $6.74 to $6.86 from $6.70 to $6.85, which benefits shareholders if the outlook holds.
Key points
- First-quarter sales of $1.74 billion, up 9% from the first quarter of 2023
- GAAP diluted EPS of $1.34 versus $1.32 a year earlier; adjusted EPS of $1.64 versus $1.49
- 2024 adjusted EPS guidance raised to $6.74 to $6.86 from $6.70 to $6.85
- Paragon Medical integration costs of $29.2 million pre-tax weighed on GAAP results
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.