Altra Industrial Motion: Q3 Earnings Insights

Altra Industrial Motion AIMC reported its Q3 earnings results on Monday, October 31, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Altra Industrial Motion missed estimated earnings by 3.61%, reporting an EPS of $0.8 versus an estimate of $0.83.

Revenue was down $3.00 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 7.11% increase in the share price the next day.

Here's a look at Altra Industrial Motion's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.84	0.71	0.75	0.81
EPS Actual	0.84	0.91	0.67	0.80
Revenue Estimate	477.09M	490.04M	461.47M	470.98M
Revenue Actual	498.10M	511.70M	469.80M	469.30M

To track all earnings releases for Altra Industrial Motion visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.