Alta Equipment Q4 revenue beats expectations

Alta Equipment

26/02/2026 21:24

Overview

Equipment dealer's Q4 revenue rose 2.2%, beating analyst expectations

Company reported a Q4 net loss of $12.5 mln

Adjusted EBITDA for Q4 decreased slightly to $40.6 mln

Outlook

Alta projects 2026 adjusted EBITDA between $172.5 mln and $187.5 mln

Industry volumes in Construction Equipment and Material Handling segments forecast to grow in 2026

Alta expects favorable conditions in Material Handling due to customer fleet replenishment

Result Drivers

RECORD EQUIPMENT SALES - Alta achieved record sales in new and used equipment, driven by tax benefits, lower interest rates, and improved customer sentiment

SEASONAL DECLINES - Seasonal pullbacks in product support and rental businesses were exacerbated by early winter in northern regions

STRATEGIC FLEET REDUCTION - Alta reduced rental fleet assets to focus on core dealership capabilities and improve capital returns

Company press release: ID:nGNXDZdQP

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$509.10 mln
$489.56 mln (5 Analysts)
Q4 EPS
-$0.39
Q4 Net Income
-$12.50 mln


Analyst Coverage

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"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Alta Equipment Group Inc is $8.00, about 21.4% above its February 25 closing price of $6.59

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)