Alto Ingredients Inc expected to post earnings of 15 cents a share - Earnings Preview

Alto Ingredients

31/07/2021 01:39

* Alto Ingredients Inc  ALTO.OQ   ALTO.O  is expected to show a
rise in quarterly revenue when it reports results on August 3. 
* The Sacramento, California-based company is expected to report
  a 35.8% increase in revenue to $288.091 million from $212.07
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 15 cents per share. For the same quarter last
year, the company reported earnings of 29 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 $11​, about 51.8% above​ its last closing
price of $5.30. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.03       0.00       0.07      Beat    2,202.
                                                        1
 Dec. 31 2020  0.23        0.24       0.06      Missed  -74.8
 Sep. 30 2020  0.26        0.22       0.05      Missed  -77​
 Jun. 30 2020  -0.20       -0.20      0.29      Beat    245
 Mar.          -0.42​      -0.42      -0.48     Missed  -14.3​
 31​ 2020​                                              
 Dec. 31 2019              -0.27      -0.25     Beat    7.4​
 Sep. 30 2019  -0.14       -0.16      -0.58     Missed  -251.5
 Jun. 30 2019  -0.19       -0.21      -0.17     Beat    19
 This summary was machine generated July 31 at 00:39 GMT.  All
figures in US dollars unless otherwise stated