Alto Ingredients Inc reports results for the quarter ended June 30 - Earnings Summary
Alto Ingredients Inc reports results for the quarter ended June 30 - Earnings Summary
Alto Ingredients Inc ALTO.OQ reported quarterly adjusted earnings of 15 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -15 cents. The mean expectation of two analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 8 cents to 9 cents per share.
Revenue rose 12.5% to $245.70 million from a year ago; analysts expected $231.22 million.
Alto Ingredients Inc's reported EPS for the quarter was 15 cents.
The company reported quarterly net income of $11.39 million.
Alto Ingredients Inc shares had fallen by 7.2% this quarter and gained 83.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 26.1% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the renewable fuels peer group is also "buy"
Wall Street's median 12-month price target for Alto Ingredients Inc is $9.00, about 43.8% above its last closing price of $5.06
This summary was machine generated from LSEG data August 5 at 11:36 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.09 | 0.15 | Beat |
Mar. 31 2026 | -0.03 | 0.05 | Beat |
Dec. 31 2025 | -0.02 | 0.28 | Beat |
Sep. 30 2025 | -0.05 | 0.19 | Beat |
Recent news on Alto Ingredients
See all newsAlto Ingredients Inc reports results for the quarter ended June 30 - Earnings Summary
Alto Ingredients swings to Q2 profit on higher sales
Brief: Alto Ingredients Q2 EPS USD 0.15
Alto Ingredients Inc expected to post earnings of 9 cents a share - Earnings Preview
Brief: Alto Ingredients Inc - May Offer Up To $150 Million In Securities - SEC Filing