Altra Industrial Motion (AIMC) Tops Q2 EPS by 8c, Updates Guidance

Altra Industrial Motion (NASDAQ: AIMC) reported Q2 EPS of $0.89, $0.08 better than the analyst estimate of $0.81. Revenue for the quarter came in at $488.6 million versus the consensus estimate of $468 million.

GUIDANCE:

Altra Industrial Motion sees FY2021 EPS of $3.30-$3.46, versus the consensus of $3.24. Altra Industrial Motion sees FY2021 revenue of $1.89-1.92 billion, versus the consensus of $1.86 billion.

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

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