Alto Ingredients Inc expected to post earnings of 31  cents a share - Earnings Preview

Alto Ingredients

08/03/2022 22:44

* Alto Ingredients Inc  ALTO.OQ   ALTO.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 10. 
    * The Sacramento California-based  company is expected to
report 
a 91.5% increase in revenue to $323.301 million from $168.82
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 31 cents per share. For the same quarter last
year, the company reported earnings of 6 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 $6.06. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  0.23        0.24       0.06      Missed  -74.8
 ​​Sep.        0.26        0.22       0.05      Missed  -77
 30 2020                                                
 Jun. 30 2020  -0.20       -0.20      0.29      Beat    245​
 Mar. 31 2020  -0.42       -0.42      -0.48     Missed  -14.3
 Dec. 31 2019              -0.27      -0.25     Beat    7.4
 This summary was machine generated March 8 at 22:44 GMT.  All
figures in US dollars  unless otherwise stated