Ametek Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Ametek Inc. (AME) revealed a profit for second quarter that dropped from the same period last year.

The company's profit totaled $166.22 million, or $0.72 per share. This compares with $215.50 million, or $0.94 per share, in last year's second quarter.

Analysts had expected the company to earn $0.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 21.7% to $1.01 billion from $1.29 billion last year.

Ametek Inc. earnings at a glance:

-EPS (Q2): $0.84 vs. $1.05 last year. -Analysts Estimate: $0.72 -Revenue (Q2): $1.01 Bln vs. $1.29 Bln last year.