8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): July 17, 2006

AMETEK, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Delaware	1-12981	14-1682544
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
37 North Valley Road, Paoli, Pennsylvania		19301
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 610-647-2121

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On July 17, 2006, AMETEK, Inc. issued a press release announcing it expects second quarter and full year 2006 diluted earnings per share to substantially exceed its prior estimates. A copy of such press release is attached as Exhibit 99.1. The information contained in said press release is hereby incorporated by reference in this Form 8-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AMETEK, Inc.
July 17, 2006	By:	Robert R. Mandos, Jr.
		Name: Robert R. Mandos, Jr.
		Title: Senior Vice President & Comptroller

Exhibit Index

Exhibit No.	Description
99.1	Copy of press release issued by AMETEK, Inc. on July 17, 2006.

EX-99.1

Exhibit 99.1

CORPORATE OFFICE

37 North Valley Road, Building 4, P.O. Box 1764, PAOLI, PA 19301-0801

Contact: William J. Burke (610) 889-5249

AMETEK ANTICIPATES VERY STRONG SECOND QUARTER

INCREASES SECOND QUARTER EARNINGS GUIDANCE TO $.64 — $.65
PER DILUTED SHARE

—Raises Full Year 2006 Estimate to $2.42 to $2.46 per Diluted Share—

Paoli, PA, July 17, 2006 — AMETEK Inc. (NYSE: AME) today announced it expects its second quarter and full year 2006 results to substantially exceed its prior estimates.

The Company now expects second quarter diluted earnings per share to be approximately $.64 to $.65, up from its previous guidance of $.57 to $.59 per diluted share. Second quarter sales are expected to be in the range of $450 million, up approximately 28% from the $352.1 million for the second quarter of 2005.

“AMETEK had an outstanding quarter which surpassed our expectations,” stated Frank S. Hermance, AMETEK Chairman and Chief Executive Officer. “Strong internal growth in each of the Company’s two segments, combined with the contributions from acquired businesses drove the strong top-line growth. We translated this top-line growth into bottom-line performance, increasing diluted earnings per share 31% to 33% over last year’s second quarter,” he commented.

“Given our strong first half results and the expectation of continued strength in our markets, we have raised our full year 2006 estimated earnings to a range of $2.42 to $2.46 per diluted share, up from our previous guidance of $2.30 to $2.35 per diluted share,” commented Mr. Hermance.

Mr. Hermance also noted, “While the Department of Homeland Security’s failure to select AMETEK as a vendor for The Department’s Advanced Spectroscopic Portal Monitor program is a disappointment, AMETEK will continue to pursue other global opportunities for advanced radiation detection systems.”

Earnings Release and Conference Call
AMETEK will issue its Second Quarter Earnings release before the market opens on Thursday July 20, 2006 and will Web cast its investor conference call beginning at 8:30 AM ET that same morning. The live audio Web cast will be available at www.ametek.com and at www.streetevents.com. To access the Web cast from ametek.com, click on “Investors” and a link will be provided to access the Web cast. The call will also be archived at www.ametek.com/investors.

—MORE—

AMETEK INCREASES SECOND QUARTER EARNINGS GUIDANCE
Page 2

Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electric motors with annualized sales of $1.7 billion. AMETEK’s Corporate Growth Plan is based on Four Key Strategies: Operational Excellence, Strategic Acquisitions & Alliances, Global & Market Expansion and New Products. AMETEK’s objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital.
The common stock of AMETEK is a component of the S&P MidCap 400 Index and the Russell 1000 Index.

Forward-looking Information
Statements in this news release that are not historical are considered “forward-looking statements” and are subject to change based on various factors and uncertainties that may cause actual results to differ significantly from expectations. Those factors are contained in AMETEK’s Securities and Exchange Commission filings.

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