Alta Equipment Group Q3 Adj $0.36 Beats $0.05 Estimate, Sales $466.20M Beat $461.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alta Equipment Group (NYSE:ALTG) reported Q3 earnings of $0.36 per share, beating the analyst consensus estimate of $0.05 by 620%. This is a 100% increase from the same period last year. The company also reported quarterly sales of $466.20 million, beating the analyst consensus estimate of $461.98 million by 0.91%. This is a 15.11% increase from the same period last year.
November 08, 2023 | 10:00 pm
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POSITIVE IMPACT
Alta Equipment Group's Q3 earnings and sales exceeded estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Alta Equipment Group reported strong Q3 results, with both earnings and sales exceeding analyst estimates. This indicates a strong financial performance, which is often a positive signal to investors and can lead to an increase in the company's stock price.
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IMPORTANCE 80
RELEVANCE 100