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.

Earnings

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.

Past Earnings Performance

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.

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