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

Alto Ingredients

11/03/2022 06:52

* Alto Ingredients Inc  ALTO.OQ  reported quarterly adjusted
earnings of 43 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 31 cents per share.
    * Revenue rose 128.3% to $385.49 million from a year ago; 
analysts expected $323.30 million. 
    * Alto Ingredients Inc's reported EPS for the quarter was 49
cents​.
    * The mean earnings estimate of analysts had risen by
about 43.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Alto Ingredients Inc shares had risen by 21.4% this
quarter.
    * The company reported quarterly net income of $35.23
million.
    * Wall Street's median 12-month price target for Alto
Ingredients
Inc is $10.00 
    * 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." 

This summary was machine generated March 11 at 06:52 a.m.  ​All
figures in US dollars unless otherwise stated