Earnings Preview For Altra Industrial Motion

Altra Industrial Motion (NASDAQ:AIMC) releases its next round of earnings this Friday, July 23. Here is Benzinga's essential guide to Altra Industrial Motion's Q2 earnings report.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Altra Industrial Motion reporting earnings of $0.81 per share on revenue of $467.96 million. Altra Industrial Motion reported a profit of $0.6 per share when it published results during the same quarter last year. Sales in that period totaled $400.80 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

The analyst consensus estimate would represent a 35.0% increase in the company's EPS figure. Sales would be up 16.76% from the year-ago period. Altra Industrial Motion's reported EPS has stacked up against analyst estimates in the past like this:

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Altra Industrial Motion were trading at $63.8 as of July 21. Over the last 52-week period, shares are up 86.19%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Altra Industrial Motion is scheduled to hold the call at 10:00:00 ET and can be accessed here.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.


Posted In: