Altra Industrial Motion (AIMC) Declares $0.17 Quarterly Dividend; 2.5% Yield

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Altra Industrial Motion (AIMC) Tops Q1 EPS by 18c, Offers Guidance

April 30, 2020 7:09 AM EDT

Altra Industrial Motion (NASDAQ: AIMC) reported Q1 EPS of $0.65, $0.18 better than the analyst estimate of $0.47. Revenue for the quarter came in at $434.2 million versus the consensus estimate of $406.19 million.

GUIDANCE:

Altra Industrial Motion sees FY2020 EPS of $1.67-$2.03, versus the... More

Rosenblatt Starts Altra Holdings (AIMC) at Neutral

April 28, 2020 7:05 AM EDT

Rosenblatt analyst Scott Graham initiates coverage on Altra Holdings (NASDAQ: AIMC) with a Neutral rating.

Te analyst comments "Following an elongated period of pedestrian earnings, management implemented a series of strategies back in 2014 which forged a positive inflection in results. Then, the... More