Benzinga | Jul 23, 2021 07:13AM EDT

Altra Industrial Motion Q2 Adj. EPS $0.89 Beats $0.81 Estimate, Sales $488.60M Beat $467.96M Estimate

Altra Industrial Motion (NASDAQ:AIMC) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.81 by 9.88 percent. This is a 48.33 percent increase over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $488.60 million which beat the analyst consensus estimate of $467.96 million by 4.41 percent. This is a 21.91 percent increase over sales of $400.80 million the same period last year.