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Market Impact: 0.22

Alta Equipment (ALTG) Reports Q1 Loss, Misses Revenue Estimates

ALTG
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Alta Equipment reported a quarterly loss of $0.62 per share, slightly wider than the $0.59 Zacks Consensus Estimate but better than the $0.65 loss a year ago. The result is a modest earnings miss, partly offset by year-over-year improvement. Overall impact should be limited, though the stock may react modestly to the slight miss versus expectations.

Analysis

Alta Equipment reported a quarterly loss of $0.62 per share, slightly wider than the $0.59 Zacks Consensus Estimate but better than the $0.65 loss a year ago. The result is a modest earnings miss, partly offset by year-over-year improvement. Overall impact should be limited, though the stock may react modestly to the slight miss versus expectations.

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Market Sentiment

Overall Sentiment

mixed

Sentiment Score

-0.12

Ticker Sentiment

ALTG-0.22