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ALTO — Alto Ingredients News Story

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Alto Ingredients Inc reports results for the quarter ended December 31 - Earnings Summary

Alto Ingredients Inc ALTO.OQ reported a quarterly adjusted loss of 57 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -26 cents.  The mean expectation of two analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -12 cents to -11 cents per share.

Revenue fell 13.6% to $236.35 million from a year ago; analysts expected $222.61 million.

Alto Ingredients Inc's reported EPS for the quarter was a loss of 57 cents​.

The company reported a quarterly loss of $41.71 million.

Alto Ingredients Inc shares had fallen by 7.7% this quarter.

FORECAST CHANGES

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

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the renewable fuels peer group is also "buy"

Wall Street's median 12-month price target for Alto Ingredients Inc is $4.50

This summary was machine generated from LSEG data March 5 at 11:25 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.11-0.57Missed
Sep. 30 20240.04-0.04Missed
Jun. 30 2024-0.10-0.05Beat
Mar. 31 2024-0.14-0.17Missed

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