Alta Equipment Group Q4 2023 Adj EPS $0.03 Beats $(0.05) Estimate, Sales $521.500M Beat $483.694M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alta Equipment Group (ALTG) reported Q4 2023 adjusted EPS of $0.03, surpassing the $(0.05) estimate, with sales of $521.5M exceeding the $483.694M forecast. This represents a 21.68% increase in sales compared to the same period last year.
March 14, 2024 | 8:52 pm
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Alta Equipment Group reported a Q4 2023 adjusted EPS of $0.03, beating estimates, and sales of $521.5M, also above expectations. Year-over-year sales increased by 21.68%.
Beating both EPS and sales estimates significantly, especially with a notable year-over-year sales increase, is likely to positively impact investor sentiment and potentially the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100