BUZZ-Ametek shares fall after forecasting annual profit below estimates

Reuters

Feb 04, 2025

** Industrial technology solutions provider Ametek's AME.N shares fall 3.5% to $178 in morning trade

** AME forecast lower-than-expected annual profit on Tuesday amid weakness in demand for some of its test and measurement systems

** Company expects 2025 adjusted profit per share to be between $7.02 to $7.18, below analysts' average expectation of $7.39/share, according to data compiled by LSEG

** Separately, company also announced the acquisition of Germany-based ultra-precision manufacturing solutions maker Kern Microtechnic to strengthen its Electronic Instruments Group $(EIG)$ business

** Twelve of 17 brokerages rate AME "buy" or higher, 4 "hold" and one "sell"; their median PT is $205 - data compiled by LSEG

** In 2024, AME was up 9.32%

(Reporting by Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2508045006"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2508045006\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2508045006?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-04 23:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2508045006","market":"us","top_or_hot":-1,"title":"BUZZ-Ametek shares fall after forecasting annual profit below estimates","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Ametek shares fall after forecasting annual profit below estimates</title></head><body><p>** Industrial technology solutions provider Ametek's <span>AME.N</span> shares fall 3.5% to $178 in morning trade</p><p>** AME <span>forecast lower-than-expected annual profit</span> on Tuesday amid weakness in demand for some of its test and measurement systems</p><p>** Company expects 2025 adjusted profit per share to be between $7.02 to $7.18, below analysts' average expectation of $7.39/share, according to data compiled by LSEG</p><p>** Separately, company also announced the acquisition of Germany-based ultra-precision manufacturing solutions maker Kern Microtechnic to strengthen its Electronic Instruments Group <a href=\"https://laohu8.com/S/EIG\">$(EIG)$</a> business</p><p>** Twelve of 17 brokerages rate AME \"buy\" or higher, 4 \"hold\" and one \"sell\"; their median PT is $205 - data compiled by LSEG</p><p>** In 2024, AME was up 9.32%</p><p> (Reporting by Anshuman Tripathy)</p><p> ((Anshuman.Tripathy@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Ametek shares fall after forecasting annual profit below estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Ametek shares fall after forecasting annual profit below estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-02-04 23:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Ametek shares fall after forecasting annual profit below estimates</title></head><body><p>** Industrial technology solutions provider Ametek's <span>AME.N</span> shares fall 3.5% to $178 in morning trade</p><p>** AME <span>forecast lower-than-expected annual profit</span> on Tuesday amid weakness in demand for some of its test and measurement systems</p><p>** Company expects 2025 adjusted profit per share to be between $7.02 to $7.18, below analysts' average expectation of $7.39/share, according to data compiled by LSEG</p><p>** Separately, company also announced the acquisition of Germany-based ultra-precision manufacturing solutions maker Kern Microtechnic to strengthen its Electronic Instruments Group <a href=\"https://laohu8.com/S/EIG\">$(EIG)$</a> business</p><p>** Twelve of 17 brokerages rate AME \"buy\" or higher, 4 \"hold\" and one \"sell\"; their median PT is $205 - data compiled by LSEG</p><p>** In 2024, AME was up 9.32%</p><p> (Reporting by Anshuman Tripathy)</p><p> ((Anshuman.Tripathy@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BQXX3C00.GBP","symbol_name":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250204:nL4N3OV1JY:1","article_id":"2508045006","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508045006","pubTimestamp":1738681453,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Ametek shares fall after forecasting annual profit below estimates** Industrial technology solutions provider Ametek's AME.N shares fall 3.5% to $178 in morning trade** AME forecast lower-than-expected annual profit on Tuesday amid weakness in demand for some of its test and measurement systems** Company expects 2025 adjusted profit per share to be between $7.02 to $7.18, below analysts' average expectation of $7.39/share, according to data compiled by LSEG** Separately, company also announced the acquisition of Germany-based ultra-precision manufacturing solutions maker Kern Microtechnic to strengthen its Electronic Instruments Group  business** Twelve of 17 brokerages rate AME \"buy\" or higher, 4 \"hold\" and one \"sell\"; their median PT is $205 - data compiled by LSEG** In 2024, AME was up 9.32%  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","BK4588":"碎股","BK4585":"ETF&股票定投概念","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","AME":"阿美特克","BK4096":"电气部件与设备"},"translate_title":"BUZZ-Ametek预测年度利润低于预期后股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AME":0.9},"content_text":"BUZZ-Ametek shares fall after forecasting annual profit below estimates** Industrial technology solutions provider Ametek's AME.N shares fall 3.5% to $178 in morning trade** AME forecast lower-than-expected annual profit on Tuesday amid weakness in demand for some of its test and measurement systems** Company expects 2025 adjusted profit per share to be between $7.02 to $7.18, below analysts' average expectation of $7.39/share, according to data compiled by LSEG** Separately, company also announced the acquisition of Germany-based ultra-precision manufacturing solutions maker Kern Microtechnic to strengthen its Electronic Instruments Group $(EIG)$ business** Twelve of 17 brokerages rate AME \"buy\" or higher, 4 \"hold\" and one \"sell\"; their median PT is $205 - data compiled by LSEG** In 2024, AME was up 9.32% (Reporting by Anshuman Tripathy) ((Anshuman.Tripathy@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}