Altra Reports Fourth-Quarter and Full-Year 2016 Results, Provides 2017 Outlook

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Altra Industrial Motion (AIMC) Tops Q4 EPS by 7c

February 27, 2017 7:04 AM EST

Altra Industrial Motion (NASDAQ: AIMC) reported Q4 EPS of $0.41, $0.07 better than the analyst estimate of $0.34. Revenue for the quarter came in at $172.6 million versus the consensus estimate of $170.32 million.

Sees FY 2017 non-GAAP EPS of $1.75-$1.85, versus the consensus of $1.75.

Fourth-quarter 2016 net sales were $172.6 million, compared with $173.6 million in the fourth... More