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

Alto Ingredients

07/11/2022 23:36

* Alto Ingredients Inc  ALTO.OQ  reported a quarterly
adjusted
loss of 39 cents​​ per share for the quarter ended in September.
The mean expectation of three analysts for the quarter was
for breakeven results per share.
    * Revenue rose 10.3% to $336.88 million from a year ago;
analysts
expected $311.44 million. 
    * Alto Ingredients Inc's reported EPS for the quarter was a
loss
of 39 cents​.
    * The mean earnings estimate of analysts had fallen by
about 97.6%
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 12.4% this
quarter and
lost 15.0% so far this year.
    * The company reported a quarterly loss of $28.36 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 from Refinitiv data November
7 at 11:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.00           -0.39          Missed
 Jun. 30 2022      0.09           0.29           Beat
 Mar. 31 2022      0.14           -0.04          Missed
 Dec. 31 2021      0.31           0.43           Beat