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

Alta Equipment

11/11/2021 22:52

* Alta Equipment Group Inc  ALTG.N  reported a quarterly
adjusted loss of 2 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 3 cents per share.
* Revenue rose 33.7% to $295.00 million from a year ago; 
analysts expected $286.56 million. 
* Alta Equipment Group Inc's reported EPS for the quarter was a
loss of 2 cents​.
* The mean earnings estimate of analysts had fallen by about 78%
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 risen by 19.0% this
quarter and gained 65.4% so far this year.
* The company reported a quarterly loss of $500 thousand.
* Wall Street's median 12-month price target for Alta Equipment
Group Inc is $18.25 
* 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 November 11 at 10:52 p.m.
 ​All figures in US dollars unless otherwise stated