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Altra: 1Q Earnings Snapshot

BRAINTREE, Mass. (AP) _ Altra Industrial Motion Corp. (AIMC) on Friday reported first-quarter profit of $35.2 million.

The Braintree, Massachusetts-based company said it had net income of 55 cents per share. Earnings, adjusted for one-time gains and costs, came to 80 cents per share.

The industrial products company posted revenue of $482.8 million in the period.

Altra expects full-year earnings in the range of $3.02 to $3.18 per share, with revenue in the range of $1.92 billion to $1.95 billion.

Altra shares have increased 38 percent since the beginning of the year. The stock has decreased 22 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIMC at https://www.zacks.com/ap/AIMC