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Altra: 2Q Earnings Snapshot

July 25, 2019

BRAINTREE, Mass. (AP) _ Altra Industrial Motion Corp. (AIMC) on Thursday reported second-quarter earnings of $29 million.

The Braintree, Massachusetts-based company said it had profit of 45 cents per share. Earnings, adjusted for one-time gains and costs, were 71 cents per share.

The industrial products company posted revenue of $466.5 million in the period.

Altra expects full-year earnings in the range of $2.81 to $2.97 per share, with revenue in the range of $1.85 billion to $1.88 billion.

Altra shares have climbed 43% since the beginning of the year. The stock has dropped 19% 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

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