Key Highlights

  • AMETEK (NYSE:AME) raised 2026 adjusted EPS guidance to USD 8.20 to USD 8.30 from USD 7.94 to USD 8.14, with sales now expected to rise about 10 percent.
  • Second quarter net sales came in at USD 2,044.4 million, up 15 percent. Orders grew 28 percent, and adjusted EPS of USD 2.09 was up 17 percent.
  • Third quarter guidance calls for adjusted EPS of USD 2.08 to USD 2.10, up 10 percent to 11 percent, and sales up by a high single digit percentage.
  • The report is due before the open on November 3, 2026, and the screener consensus of USD 2.11 sits one cent above the top of guidance.

What AMETEK Is Expected To Report

AMETEK (NYSE:AME) reports third quarter 2026 results before the open on Tuesday, November 3, 2026. The company guided adjusted EPS to USD 2.08 to USD 2.10 in August, yet the screener consensus is USD 2.11, one cent above the top of the range, a sign that analysts expect the company to beat its own guide, as it did last quarter. Second quarter Operating Cash Flow was USD 483.7 million, up 35 percent, with free cash flow conversion of 111 percent. Core Operating Margin was 27.1 percent, up 110 basis points. Orders up 28 percent also suggest a larger Backlog entering the third quarter than a year earlier, an inference that supports the high single digit sales guide if conversion holds.

Segments, Orders And Full-Year Setup

Electronic Instruments sales were USD 1,321.2 million, up 14 percent, with an adjusted margin of 29.1 percent, while Electromechanical sales were USD 723.2 million, up 17 percent, with adjusted Operating Income up 32 percent. Orders up 28 percent are the key forward indicator, since AMETEK makes specialized instruments with long qualification cycles, and rising orders convert to sales in later quarters. Full-year adjusted EPS guidance of USD 8.20 to USD 8.30 implies a fourth quarter at a similar level to the third, simple arithmetic that depends on how acquisitions and currency contribute. GAAP EPS guidance for the year is USD 7.19 to USD 7.29.

Bull Case, Bear Case And Peer Read

In a bull case, AMETEK (NYSE:AME) prints above USD 2.11, shows orders still growing strongly and raises the full-year range again. In a bear case, EPS lands at USD 2.09 to USD 2.10, in line with guidance but below consensus, and orders cool. No share price or options-implied move was verified, so no percentage range is given. Among peers, Fortive (NYSE:FTV) reported on October 28, 2026 adjusted EPS of USD 0.77, up 13.2 percent, Revenue of USD 1.11 billion, up 7.8 percent, and raised its 2026 range to USD 3.10 to USD 3.14. Risks include Acquisition integration, currency and a slowdown in industrial demand.

Where Things Stand

AMETEK (NYSE:AME) did lift 2026 adjusted EPS guidance to USD 8.20 to USD 8.30 after orders rose 28 percent, so the headline setup holds, but the USD 2.11 consensus already sits above its own third quarter range, which leaves little room for a modest beat. The balance of evidence favors a solid report with orders as the key number. A peer beat and raise from Fortive adds supportive context. The next catalyst is the November 3, 2026 release and the fourth quarter guide. This is a preview, not a forecast of results.