Alta Equipment Group Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]
Alta Equipment Group Inc. Class A (ALTG)
Company Research
Source: Yahoo! Finance
US$0.85 loss per share (down from US$0.21 profit in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) also missed analyst estimates significantly. Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Trade Distributors industry in the US. Performance of the American Trade Distributors industry. The company's shares are up 5.7% from a week ago. You still need to take note of risks, for example - Alta Equipment Group has 3 warning signs we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles
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ALTG
News
- Alta Equipment Group Inc. (NYSE: ALTG) had its price target lowered by analysts at Raymond James from $10.00 to $9.00. They now have a "market perform" rating on the stock.MarketBeat
- Alta Equipment Group Inc. (NYSE: ALTG) was downgraded by analysts at Northland Capmk from a "strong-buy" rating to a "hold" rating.MarketBeat
- Alta Equipment Group Inc. (NYSE: ALTG) had its "market perform" rating re-affirmed by analysts at Northland Securities. They now have a $20.00 price target on the stock, down previously from $30.00.MarketBeat
- Alta Equipment Group Inc (ALTG) Q3 2024 Earnings Call Highlights: Strategic Deleveraging and ... [Yahoo! Finance]Yahoo! Finance
- Alta Equipment: Q3 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
ALTG
Earnings
- 11/12/24 - Miss
ALTG
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- ALTG's page on the SEC website