Alta Equipment Group Inc reports results for the quarter ended in December - Earnings Summary

Alta Equipment

31/03/2022 23:40

* Alta Equipment Group Inc  ALTG.N  reported a quarterly
adjusted
loss of 5 cents​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was
for earnings of 4 cents per share.
    * Revenue rose 27.1% to $356.30 million from a year ago; 
analysts
expected $300.40 million. 
    * Alta Equipment Group Inc's reported EPS for the quarter
was a
loss of 5 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Alta Equipment Group Inc shares had fallen by 13.9% this
quarter.
    * The company reported a quarterly loss of $1.5 million.
    * Wall Street's median 12-month price target for Alta
Equipment
Group Inc is $21.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 31 at 10:40 p.m.  ​All
figures in US dollars unless otherwise stated