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AMETEK to Post Q3 Earnings: Time to Buy, Sell or Hold the Stock?

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Key Takeaways

  • AMETEK expects Q3 2026 adjusted EPS of $2.08-$2.10, while the consensus estimate is $2.12.
  • AMETEK to gain from record orders and backlog, aerospace, defense, semiconductor and automation demand.
  • AMETEK's Indicor acquisition, pricing initiatives and productivity gains may boost growth and profitability.

AMETEK (AME - Free Report) is scheduled to report third-quarter 2026 results on Nov. 3, before market open.

For the third quarter of 2026, AME expects adjusted earnings to be in the range of $2.08-$2.10, indicating a year-over-year increase of 10-11%. The Zacks Consensus Estimate for the same is pegged at $2.12, suggesting a year-over-year increase of 12.7%. The figure has been revised upward in the past 30 days.

AMETEK’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average earnings surprise of 4.93%

The Zacks Consensus Estimate for AME’s third-quarter 2026 revenues is pegged at $2.16 billion, suggesting year-over-year growth of 14.3%

AMETEK, Inc. Price and EPS Surprise

AMETEK, Inc. Price and EPS Surprise

AMETEK, Inc. price-eps-surprise | AMETEK, Inc. Quote

Factors Likely to Influence AMETEK’s Q3 Result

AMETEK’s third-quarter 2026 performance is likely to have benefited from sustained demand across aerospace, defense, power, semiconductor, medical technology and automation markets. The company’s diversified exposure to high-value engineered products, coupled with continued investments in infrastructure and industrial applications, is expected to have supported sales momentum in the to-be-reported quarter

Strong order growth and record backlog are likely to have provided revenue visibility during the quarter. AMETEK’s second-quarter orders increased 28% year over year to a record $2.3 billion, while backlog reached $4.11 billion, which is likely to have supported AME in the to-be-reported quarter. Continued demand for customized, mission-critical instrumentation and electromechanical products is expected to have supported business activity.

The Electronic Instruments Group is expected to have benefited from demand for process instrumentation, aerospace sensors and power-related products. Continued strength in semiconductor and energy instrumentation, along with contributions from acquisitions, is likely to have supported the segment’s performance.

Meanwhile, the Electromechanical Group is expected to have maintained its growth trajectory, driven by aerospace, defense, medical technology and automation markets. Increasing demand for engineered electrical connectors, precision motion control solutions and advanced technical products is likely to have supported the segment’s top-line growth.

AMETEK’s pricing initiatives, productivity improvements and disciplined cost management are expected to have supported profitability in the third quarter. The company’s ability to offset inflationary pressures and tariffs through pricing actions, combined with favorable operating leverage, is likely to have aided margins.

The recently completed $5 billion acquisition of Indicor Instrumentation is likely to have expanded AMETEK’s instrumentation portfolio and contributed to its growth opportunities in the to-be-reported quarter. Contributions from First Aviation Services and LKC Technologies are also expected to have supported the company’s portfolio expansion, although acquisition-related integration expenses and financing costs could have affected earnings.

Earnings Whispers for AME

Our proven model predicts an earnings beat for AME this time. According to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.

AME sports a Zacks Rank #1, and it has an Earnings ESP of +0.37%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. You can see the complete list of today’s Zacks #1 Rank stocks here.

Other Stocks With Favorable Combination

Here are some other stocks worth considering, as our model shows that these, too, have the right combination of elements to beat on earnings this reporting cycle.

Revvity, Inc. (RVTY - Free Report) has an Earnings ESP of +1.03% and a Zacks Rank #3 at present. Revvity is set to report third-quarter 2026 results on Nov. 3. Revvity shares have climbed 62.3% year to date.

Block (XYZ - Free Report) has an Earnings ESP of +1.67% and carries a Zacks Rank #3 at present. Block is set to report second-quarter 2026 results on Nov. 3. Block shares have jumped 17.1% year to date.

Camtek (CAMT - Free Report) has an Earnings ESP of +0.85% and a Zacks Rank #2 at present. Camtek is slated to report third-quarter 2026 results on Nov. 4. Camtek shares have climbed 9.7% year to date.

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