Alta Equipment Group Inc expected to post a loss of 29 cents a share - Earnings Preview

Alta Equipment

03/03/2025 21:05

Alta Equipment Group Inc ALTG.N, ALTG.K is expected to show a fall in quarterly revenue when it reports  results on March 5 for the period ending December 31 2024

The Livonia Michigan-based  company is expected to report a 6.9% decrease in revenue to $485.486 million from $521.5 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Alta Equipment Group Inc is for a loss of 29 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "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 $12.15​, above​ its last closing price of $5.48. ​​​

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
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​
Mar. 31 2023
-0.13
-0.10
0.01
Beat
109.8
Dec. 31 2022
0.00
0.05
-0.05
Missed
-206.7

This summary was machine generated March 3 at 21:05 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)