BERWYN, Pa. (AP) _ Ametek Inc. (AME) on Thursday reported fourth-quarter profit of $281.7 million.

The Berwyn, Pennsylvania-based company said it had profit of $1.21 per share. Earnings, adjusted for amortization costs, came to $1.37 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.

The maker of electronic instruments and electromechanical devices posted revenue of $1.5 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.47 billion.

For the year, the company reported profit of $990.1 million, or $4.25 per share. Revenue was reported as $5.55 billion.

Ametek expects full-year earnings in the range of $5.30 to $5.42 per share.

Ametek shares have dropped nearly 5% since the beginning of the year, while the S&P's 500 index has increased 22%. The stock has climbed 20% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AME at https://www.zacks.com/ap/AME

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