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

Alto Ingredients

03/08/2021 23:16

* Alto Ingredients Inc  ALTO.OQ  reported quarterly adjusted
earnings of 14 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 15 cents per share.
* Revenue rose 40.6% to $298.11 million from a year ago; 
analysts expected $288.09 million. 
* Alto Ingredients Inc's reported EPS for the quarter was 11
cents​.
* The mean earnings estimate of analysts had risen by
about 51.7% 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 fallen by 12.6% this
quarter and lost 1.7% so far this year.
* The company reported quarterly net income of $8.08 million.
* Wall Street's median 12-month price target for Alto
Ingredients Inc is $11.00 
* 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 August 3 at 10:16 p.m.  ​All
figures in US dollars unless otherwise stated