Add as a preferred source on GoogleAMETEK Raises 2026 EPS Outlook to $8.53-$8.57 After Indicor Deal
The company projects mid-teens overall sales growth, including high single-digit organic growth. Indicor contributed slightly more than $100 million in quarterly revenue.
AMETEK, Inc. raised its 2026 earnings-per-share outlook to $8.53 to $8.57 after completing its Indicor acquisition, while projecting mid-teens overall sales growth for the year.
The company expects organic sales to increase at a high single-digit rate. Indicor contributed slightly more than $100 million in quarterly revenue, and its organic performance was in line with expectations.
AMETEK targets synergies of 10% to 12% over three years and describes integration as progressing well. Debt rose to $6.7 billion following the acquisition. Net leverage stood at 2.1 times, and interest expense increased.
Europe was AMETEK's weakest region, while pricing exceeded inflation. Industrial companies beat analyst EPS forecasts in 33 of 37 reports this week.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.