Alta Equipment Group Inc expected to post a loss of 62 cents a share - Earnings Preview

Alta Equipment

05/05/2025 22:29

Alta Equipment Group Inc ALTG.N, ALTG.K is expected to show a fall in quarterly revenue when it reports  results on May 7 for the period ending March 31 2025

The Livonia Michigan-based  company is expected to report a 1.2% decrease in revenue to $436.138 million from $441.6 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 62 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 6.9% in the last three months. ​

Wall Street's median 12-month price target for Alta Equipment Group Inc is $9.60​, above​ its last closing price of $4.85. ​​​

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
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​
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

This summary was machine generated May 5 at 21:29 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)