Allied Movement Applied sciences (AMOT) got here out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.28 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 32.14%. 1 / 4 in the past, it was anticipated that this movement management product maker would submit earnings of $0.41 per share when it really produced earnings of $0.57, delivering a shock of 39.02%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two instances.
Allied Movement, which belongs to the Zacks Devices – Management business, posted revenues of $87.93 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.72%. This compares to year-ago revenues of $73.96 million. The corporate has topped consensus income estimates simply as soon as during the last 4 quarters.
The…