Altra Industrial Motion (NASDAQ:AIMC) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Altra Industrial Motion reported in-line EPS of $0.84 versus an estimate of $0.84.
Revenue was up $9.50 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2 which was followed by a 2.13% drop in the share price the next day.
Here's a look at Altra Industrial Motion's past performance:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Altra Industrial Motion management provided guidance for FY 2022, expecting earnings between $3.22 and $3.37 per share.
To track all earnings releases for Altra Industrial Motion VISIT THEIR EARNINGS CALENDAR HERE.
This article was generated by Benzinga's automated content engine and reviewed by an editor.