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

Alta Equipment

14/05/2021 03:10

* Alta Equipment Group Inc  ALTG.N  reported a quarterly
adjusted loss of 19 cents​​ per share for the quarter ended
in March. The mean expectation of four analysts for the quarter
was for a loss of 15 cents per share.
* Revenue rose 48.9% to $268.80 million from a year ago; 
analysts expected $238.36 million. 
* Alta Equipment Group Inc's reported EPS for the quarter was a
loss of 19 cents​.
* The mean earnings estimate of analysts had fallen by
about 444.4% 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 0.8% this
quarter and gained 30.5% so far this year.
* The company reported a quarterly loss of $5.7 million.
* Wall Street's median 12-month price target for Alta Equipment
Group Inc is $16.00 
* 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." 
This summary was machine generated May 14 at 02:10 a.m. GMT.
​All figures in US dollars