Alta Equipment Reports Preliminary Q2 Results; Expects Revenue Of $462.0M- $472.0M, Consensus $458.48M
Portfolio Pulse from Benzinga Newsdesk
Alta Equipment has reported its preliminary Q2 results, expecting revenue to be between $462.0M and $472.0M. This is above the consensus estimate of $458.48M.
July 20, 2023 | 8:53 pm
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POSITIVE IMPACT
Alta Equipment's Q2 revenue is expected to surpass consensus estimates, indicating a strong performance.
Alta Equipment's expected Q2 revenue is higher than the consensus estimate, which typically indicates a strong performance. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100