Recap: Altra Industrial Motion Q3 Earnings

Altra Industrial Motion (NASDAQ:AIMC) reported its Q3 earnings results on Friday, October 22, 2021 at 08:00 AM.

Here's what investors need to know about the announcement.

Altra Industrial Motion missed their estimated earnings by 1.23%, which did not surprise analysts.

Revenue was up $31,500,000 from the same period last year.

Last quarter the company beat on EPS by $0.08, which was followed by a 0.96% drop in the share price the next day.

Here's a look at Altra Industrial Motion's past performance and the resulting price change:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.81	0.76	0.69	0.46
EPS Actual	0.89	0.86	0.76	0.87
Revenue Estimate	467.96M	462.49M	431.76M	393.82M
Revenue Actual	488.60M	472.10M	453.20M	437.80M

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