Benzinga | Oct 22, 2021 07:12AM EDT

Altra Industrial Motion Q3 Adj. EPS $0.80 Misses $0.81 Estimate, Sales $469.30M Miss $470.98M Estimate

Altra Industrial Motion (NASDAQ:AIMC) reported quarterly earnings of $0.80 per share which missed the analyst consensus estimate of $0.81 by 1.23 percent. This is a 8.05 percent decrease over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $469.30 million which missed the analyst consensus estimate of $470.98 million by 0.36 percent. This is a 7.20 percent increase over sales of $437.80 million the same period last year.