Recap: Altra Industrial Motion Q1 Earnings

 

Shares of Altra Industrial Motion (NASDAQ:AIMC) remained unaffected after the company reported Q1 results.

Quarterly Results

Earnings per share were up 32.31% over the past year to $0.86, which beat the estimate of $0.76.

Revenue of $472,100,000 up by 8.73% year over year, which beat the estimate of $462,490,000.

Outlook

The upcoming fiscal year's EPS expected to be between $3.09 and $3.24.

The upcoming fiscal year's revenue expected to be between $1,820,000,000 and $1,850,000,000.

How To Listen To The Conference Call

Date: Apr 29, 2021

Time: 10:00 AM

Technicals

Company's 52-week high was at $66.38

52-week low: $22.02

Price action over last quarter: Up 20.22%

Company Profile

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