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Altra Industrial Motion (NASDAQ: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.
Posted In: AIMC
