Ametek jumps after annual profit forecast raised on strong demand

Ametek

30/10/2025 13:14

** Shares of industrial tools maker Ametek AME.N rise nearly 7.5% to about $197.9 premarket

** Co now expects 2025 adj. EPS in range of $7.32 to $7.37 vs prior view of $7.06 to $7.20

** AME says strong demand for electromechanical tools, especially Paragon Medical unit, helped lift operating income margin

** Logs Q3 adj. EPS of $1.89, beating analysts' average estimate of $1.76 - data compiled by LSEG

** Quarterly revenue of $1.89 bln vs expectation of $1.82 bln

** As of last close, shares up about 2.2% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))