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

Alto Ingredients

13/05/2021 01:15

* Alto Ingredients Inc  ALTO.OQ  reported quarterly adjusted
earnings of 7 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for breakeven results per share.
* Revenue fell 29.8% to $218.73 million from a year ago; 
analysts expected $252.18 million. 
* Alto Ingredients Inc's reported EPS for the quarter was 6
cents​.
* The mean earnings estimate of analysts had fallen by
about 101.1% 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 4.0% this quarter and
gained 4.0% so far this year.
* The company reported quarterly net income of $4.37 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 May 13 at 12:15 a.m. GMT.
​All figures in US dollars