Specialty alcohols producer Alto Ingredients Q3 sales beat expectations

Alto Ingredients

05/11/2025 21:55

Overview

Alto Ingredients Q3 net sales fell but beat analyst expectations

Adjusted EBITDA for Q3 beats estimates, reflecting cost reduction efforts

Outlook

Alto Ingredients plans to expand CO2 utilization to meet growing demand

Company has increased ethanol production due to higher export demand

Alto Ingredients expects to generate Section 45Z tax credits on renewable fuel sales

Result Drivers

RENEWABLE FUEL EXPORTS - Increased export sales of renewable fuels contributed to improved Q3 results

LIQUID CO2 DEMAND - Greater demand for liquid CO2 supported Q3 performance

COST REDUCTION - Cost reduction efforts, including rationalizing unprofitable business activities, strengthened financial position

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$241 mln
$235.70 mln (2 Analysts)
Q3 EPS
$0.19
Q3 Net Income
$14 mln
Q3 Adjusted EBITDA
Beat
$21 mln
$5.12 mln (2 Analysts)
Q3 Gross Profit
$23 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for Alto Ingredients Inc is $2.50, about 54.8% above its November 4 closing price of $1.13

Press Release: ID:nGNX5RtH9m

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)