Brief: Alta Equipment Group Q2 Net Income USD -6.8 Million

Alta Equipment

07/08/2025 21:15

Overview

Alta Q2 revenue falls $6.9 mln yr/yr to $481.2 mln, beats estimates

Adjusted EPS of $(0.11) beats expectations, per LSEG data

Adjusted EBITDA rises to $48.5 mln, exceeding analyst forecasts

Outlook

Alta updates 2025 Adjusted EBITDA guidance to $171.5 mln-$181.5 mln

Company expects Material Handling sales to remain stable for rest of 2025

Alta sees stable demand for heavy earthmoving machines

Company anticipates normalized margins with stable US-EU trade relations

Result Drivers

CONSTRUCTION SEASON - Sequential revenue increase driven by construction season in northern regions, per CEO Ryan Greenawalt

TARIFF IMPACT - Tariffs on European imports pressured margins in the Master Distribution segment

REGIONAL SOFTNESS - Material Handling revenues declined due to market hesitancy and regional softness in the Midwest and Canada

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$481.20 mln
$478.60 mln (5 Analysts)
Q2 Adjusted EPS
Beat
-$0.11
-$0.26 (4 Analysts)
Q2 EPS
-$0.21
Q2 Net Income
-$6.80 mln
Q2 Adjusted EBITDA
Beat
$48.50 mln
$46.50 mln (4 Analysts)

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 8.3% above its August 6 closing price of $7.34

Press Release: ID:nGNX3B8P32

(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.)