Alta Equipment Group Inc expected to post a loss of 26 cents a share - Earnings Preview
Alta Equipment Group Inc expected to post a loss of 26 cents a share - Earnings Preview
Alta Equipment Group Inc ALTG.N, ALTG.K is expected to show a rise in quarterly revenue when it reports results on August 6 for the period ending June 30 2026
The Livonia Michigan-based company is expected to report a 1.6% increase in revenue to $488.708 million from $481.2 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 26 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 $9.00, about 28.9% above its last closing price of $6.98
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | -0.62 | -0.55 | -0.62 | Missed | -11.7 |
Dec. 31 2026 | -0.30 | -0.29 | -0.39 | Missed | -34.5 |
Sep. 30 2025 | -0.29 | -0.27 | -1.31 | Missed | -385.2 |
Jun. 30 2025 | -0.26 | -0.25 | -0.34 | Missed | -33.3 |
Mar. 31 2025 | -0.62 | -0.62 | -0.65 | Missed | -4.4 |
Dec. 31 2024 | -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 |
This summary was machine generated August 4 at 21:04 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)
Recent news on Alta Equipment
See all newsAlta Equipment Group Inc reports results for the quarter ended June 30 - Earnings Summary
Brief: Alta Equipment Group Q2 Net Income USD -8.2 Million
Alta Equipment Group Inc expected to post a loss of 26 cents a share - Earnings Preview
Alta Equipment Q1 revenue falls 3%, misses analyst estimates
Brief: Alta Equipment Group Q1 Net Income USD -20.3 Million