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

Alto Ingredients

09/05/2022 23:32

* Alto Ingredients Inc  ALTO.OQ  reported a quarterly
adjusted
loss of 4 cents​​ per share for the quarter ended in March. The
mean expectation of three analysts for the quarter was
for earnings of 14 cents per share.
    * Revenue rose 40.9% to $308.12 million from a year ago; 
analysts
expected $341.88 million. 
    * Alto Ingredients Inc's reported EPS for the quarter was a
loss
of 4 cents​.
    * The mean earnings estimate of analysts had risen by
about 13.9%
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 20.4% this
quarter and
gained 12.9% so far this year.
    * The company reported a quarterly loss of $2.91 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 May 9 at 10:31 p.m.  ​All
figures in US dollars unless otherwise stated