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ALTO — Alto Ingredients News Story

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Alto Ingredients Inc reports results for the quarter ended March 31 - Earnings Summary

Alto Ingredients Inc ALTO.OQ reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -17 cents.  The mean expectation of two analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -25 cents to -15 cents per share.

Revenue fell 5.9% to $226.50 million from a year ago; analysts expected $222.19 million.

Alto Ingredients Inc's reported EPS for the quarter was a loss of 16 cents​.

The company reported a quarterly loss of $12 million.

Alto Ingredients Inc shares had fallen by 25.6% this quarter and lost 45.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 900% 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 $5.50

This summary was machine generated from LSEG data May 8 at 02:20 a.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.20-0.16Beat
Dec. 31 2024-0.11-0.57Missed
Sep. 30 20240.04-0.04Missed
Jun. 30 2024-0.10-0.05Beat

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