Altra Industrial Motion (AIMC) Tops Q3 EPS by 41c, Raises FY Guidance

Altra Industrial Motion (NASDAQ: AIMC) reported Q3 EPS of $0.87, $0.41 better than the analyst estimate of $0.46. Revenue for the quarter came in at $437.8 million versus the consensus estimate of $393.82 million.

GUIDANCE:

Altra Industrial Motion sees FY2020 EPS of $2.70-$2.82, versus the consensus of $2.25. Altra Industrial Motion sees FY2020 revenue of $1.69-1.71 billion, versus the consensus of $1.63 billion.

For earnings history and earnings-related data on Altra Industrial Motion (AIMC) click here.

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