Benzinga | Apr 29, 2021 07:30AM EDT

Altra Industrial Motion Q1 Adj. EPS $0.86 Beats $0.76 Estimate, Sales $472.10M Beat $462.49M Estimate; Raises Guidance

Altra Industrial Motion (NASDAQ:AIMC) reported quarterly earnings of $0.86 per share which beat the analyst consensus estimate of $0.76 by 13.16 percent. This is a 32.31 percent increase over earnings of $0.65 per share from the same period last year. The company reported quarterly sales of $472.10 million which beat the analyst consensus estimate of $462.49 million by 2.08 percent. This is a 8.73 percent increase over sales of $434.20 million the same period last year.