AMETEK Boosts FY24 Earnings Outlook - Update

RTTNews | 509 ngày trước
AMETEK Boosts FY24 Earnings Outlook - Update

(RTTNews) - While reporting financial results for the first quarter on Thursday, AMETEK, Inc. (AME) raised its earnings and adjusted earnings guidance for the full-year 2024, while maintaining annual net sales growth outlook.

For the second quarter, the company expects adjusted earnings in a range of $1.63 to $1.65 per share on net sales growth in the mid to high single digit percentage.

For fiscal 2024, the company now projects adjusted earnings in a range of $6.74 to $6.86 per share on net sales growth in the low double digit percentage.

Previously, the company expected adjusted earnings in a range of $6.70 to $6.85 per share on net sales growth in the low double digit percentage.

On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $6.84 per share on revenues of $7.41 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Sensex, Nifty Recover From Early Lows

Sensex, Nifty Recover From Early Lows

Indian shares cut early losses to end on a flat note on Tuesday. While a weakening rupee, tariff worries and concerns regarding the latest H1-B visa fee change weighed on markets, Fed rate cut hopes, falling oil prices and reports of strong festive-season demand for automobiles helped limit overall losses in the broader market.
RTTNews | 7 phút trước
DAX Modestly Higher Despite Paring Some Early Gains

DAX Modestly Higher Despite Paring Some Early Gains

German stocks hold on in positive territory Tuesday afternoon despite paring some early gains. Data showing an acceleration in Germany's private sector activity in the month of September, and an increase in Eurozone service sector growth help underpin sentiment.
RTTNews | 10 phút trước
Walmart To Kick Off Holiday Season With Early Deals On Oct. 7-12

Walmart To Kick Off Holiday Season With Early Deals On Oct. 7-12

In preparation for the upcoming holiday season, retail behemoth Walmart, Inc. is bringing tens of thousands of deals with early savings, starting October 7 through 12. While membership is not required for the first deals event of the season, Walmart+ members will get exclusive early access on October 6 at 7 p.m. ET, and shoppers can enjoy fast delivery and in-store convenience all week long.
RTTNews | 1h 14phút trước
Asian Shares Mixed In Cautious Trade

Asian Shares Mixed In Cautious Trade

Asian stocks ended mixed on Tuesday, with Japanese markets closed for a public holiday and Hong Kong preparing for Typhoon Ragasa, which is expected to pass the city in the next 24 hours.
RTTNews | 1h 55phút trước
European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks are seen opening broadly higher on Tuesday, even as the upside may remain capped amid ongoing volatility in the bond markets due to political uncertainty in France and Germany's plans to ramp up debt issuance.
RTTNews | 5h 3phút trước
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash composite purchasing managers' survey results from the euro area and the UK are the top economic news due on Tuesday. At 3.15 am ET, France's flash composite PMI survey results are due. The composite output index is forecast to edge up to 49.9 in September from 49.8 in the previous month.
RTTNews | 5h 18phút trước