Alto Ingredients Inc expected to post a loss of 11 cents a share - Earnings Preview

Alto Ingredients

03/03/2025 21:20

Alto Ingredients Inc ALTO.OQ ALTO.O is expected to show a fall in quarterly revenue when it reports  results on March 5 for the period ending December 31 2024

The Sacramento California-based  company is expected to report a 18.6% decrease in revenue to $222.614 million from $273.63 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Alto Ingredients Inc is for a loss of 11 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Alto Ingredients Inc is $4.50​, above​ its last closing price of $1.61. ​​​

This summary was machine generated March 3 at 21:20 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)