Alto Ingredients Inc expected to post earnings of 10  cents a share - Earnings Preview

Alto Ingredients

04/11/2023 01:15

* Alto Ingredients Inc  ALTO.OQ   ALTO.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Sacramento California-based  company is expected to
report 
a 8.4% decrease in revenue to $308.707 million from $336.88
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Alto Ingredients
Inc is
for earnings of 10 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 $6.5​, above​ its last closing price of $4.62. ​​​

This summary was machine generated November 4 at 01:15 GMT.  All
figures in US dollars  unless otherwise stated