Alto Ingredients Inc expected to post earnings of 14  cents a share - Earnings Preview

Alto Ingredients

07/05/2022 03:10

* Alto Ingredients Inc  ALTO.OQ   ALTO.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 9. 
    * The Sacramento California-based  company is expected to
report 
a 56.3% increase in revenue to $341.88 million from $218.73
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Alto Ingredients
Inc is
for earnings of 14 cents per share. For the same quarter last
year, the company reported earnings of 7 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $10​, above​ its last closing price of $5.43. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.29        0.31       0.43      Beat    40.2
 Sep. 30 2021  0.12        0.12       -0.05     Missed  -141.7
 Jun. 30 2021  0.14        0.15       0.14      Missed  -4.5​
 Mar. 31 2021  -0.03       0.00       0.07      Beat    2,202.
                                                        1
 ​​Dec.        0.23        0.24       0.06      Missed  -74.8
 31 2020                                                
 Sep. 30 2020  0.26        0.22       0.05      Missed  -77​
 Jun. 30 2020  -0.20       -0.20      0.29      Beat    245
 Mar. 31 2020  -0.42       -0.42      -0.48     Missed  -14.3
 This summary was machine generated May 7 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated