Altra Reports Third-Quarter 2017 Results
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Altra Holdings (AIMC) PT Raised to $49 at Baird Following 3Q Release
October 23, 2017 8:49 AM EDTBaird raised its price target on Altra Holdings (NASDAQ: AIMC) to $49.00 (from $48.00) while maintaining a Neutral rating following the company's 3Q earnings report. Altra reported adjusted EPS of $0.48 (vs. $0.46 consensus). Overall revenue increased 24% yoy to $215 million (vs. $216 million estimates; +1.5% FX tailwind, +20% Stromag).
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Altra Industrial Motion (AIMC) Tops Q3 EPS by 2c
October 20, 2017 7:02 AM EDTAltra Industrial Motion (NASDAQ: AIMC) reported Q3 EPS of $0.48, $0.02 better than the analyst estimate of $0.46. Revenue for the quarter came in at $214.6 million versus the consensus estimate of $210.94 million.
For earnings history and earnings-related data on Altra Industrial Motion (AIMC) click here.
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