Altra Holdings Earnings Preview: Can This Streak Continue?
Altra Holdings (NASDAQ:AIMC) will report earnings before markets open on Friday, April 26th. Altra Holdings, Inc. designs, produces, and markets a wide range of mechanical power transmission, or MPT, and motion control products. The Company’s product portfolio includes industrial clutches and brakes, enclosed gear drives, open gearing, couplings, engineered bearing assemblies, linear components and other related products.
Here is your Cheat Sheet to Altra Holdings Earnings:
Earnings Expectations: Analysts expect earnings of $0.45 per share on revenues of $185.84 million. Currently, the company’s P/E ratio stands at 27.64.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.44 to a profit $0.5. For the current year, the average estimate is a profit of $1.81, which is better than the estimate ninety days ago.
Here’s how Altra Holdings has been performing on an annual basis:
|Revenue ($) in millions||635.34||452.85||520.16||674.81||731.99|
|Diluted EPS ($)||0.25||-0.09||0.92||1.41||0.91|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||171.72||192.38||187.94||174.49||177.17|
|Diluted EPS ($)||0.21||0.39||0.40||0.32||-0.20|
Altra Holdings has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)