Benzinga | Oct 22, 2021 09:12AM EDT

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.

Earnings

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.

Past Earnings Performance

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 2020EPS Estimate 0.81 0.76 0.69 0.46EPS Actual 0.89 0.86 0.76 0.87Revenue Estimate 467.96M 462.49M 431.76M 393.82MRevenue Actual 488.60M 472.10M 453.20M 437.80M

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