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Shares of Altra Industrial Motion (NASDAQ:AIMC) remained unaffected after the company reported Q4 results.
Earnings per share increased 15.15% year over year to $0.76, which beat the estimate of $0.69.
Revenue of $453,200,000 higher by 2.56% year over year, which beat the estimate of $431,760,000.
The upcoming fiscal year's EPS expected to be between $2.95 and $3.15.
The upcoming fiscal year's revenue expected to be between $1,790,000,000 and $1,830,000,000.
Conference Call Details
Date: Feb 12, 2021
Time: 10:00 AM
ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.altramotion.com%2F&eventid=2947874&sessionid=1&key=E78995236636E89E76E4727234BAC620®Tag=&V2=false&sourcepage=register
Recent Stock Performance
52-week high: $66.38
52-week low: $12.00
Price action over last quarter: Up 29.05%
Altra Industrial Motion is a United States-based company that designs, manufactures, and sells a wide range of mechanical power transmission and motion control products. The company operates through two business segments based on product types and end markets served: the power transmission technologies segment and the automation and specialty segment. The company's product portfolio consists of products such as clutches, brakes, gears, and motion controllers and braking systems, which are used in heavy industrial applications, energy markets, medical, packaging, automation, robotic and other industries. The company earns most of its revenue in North America ( primarily the United States).
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