Alta Equipment Group Inc expected to post a loss of 25 cents a share - Earnings Preview

Alta Equipment

05/08/2025 21:04

Alta Equipment Group Inc ALTG.N, ALTG.K is expected to  show a fall in quarterly revenue when it reports  results on August 7 for the period ending June 30 2025

The Livonia Michigan-based  company is expected to report a 1.9% decrease in revenue to $478.628 million from $488.1 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Alta Equipment Group Inc is for a loss of 25 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Alta Equipment Group Inc is $8.00, about 7.6% above its last closing price of $7.39

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
-0.62
-0.62
-0.65
Missed
-4.4
Dec. 31 2025
-0.32
-0.29
-0.34
Missed
-15.9
Sep. 30 2024
-0.25
-0.24
-0.86
Missed
-262.1​
Jun. 30 2024
-0.07
-0.07
-0.38
Missed
-418.2
​​Mar. 31 2024
-0.21
-0.20
-0.38
Missed
-93.2
Dec. 31 2023
-0.05
-0.08
Missed
-52.4​
Sep. 30 2023
0.05
0.05
0.20
Beat
300
Jun. 30 2023
0.10
0.10
0.05
Missed
-50

This summary was machine generated August 5 at 20:04 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)