Alta Equipment (ALTG) Reports Q4 Loss, Tops Revenue Estimates
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Alta Equipment (ALTG) reported a Q4 loss of $0.34 per share, which was larger than the Zacks Consensus Estimate of a $0.31 loss. This is a significant increase from the $0.08 loss per share reported a year ago. However, the company exceeded revenue expectations.
March 05, 2025 | 11:45 pm
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Alta Equipment reported a Q4 loss of $0.34 per share, missing the Zacks Consensus Estimate of a $0.31 loss. This is a significant increase from the $0.08 loss per share a year ago. Despite the loss, the company exceeded revenue expectations.
The larger-than-expected loss per share is likely to negatively impact the stock price in the short term. However, the fact that revenue expectations were exceeded may mitigate some of the negative sentiment.
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