Alto Ingredients Inc expected to post earnings of 4 cents a share - Earnings Preview

Reuters

Nov 01, 2024

* Alto Ingredients Inc is expected to show a fall in quarterly revenue when it reports results on November 6 for the period ending January 1 0001

* The Sacramento California-based company is expected to report a 15.9% decrease in revenue to $267.568 million from $318.13 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

* LSEG's mean analyst estimate for Alto Ingredients Inc is for earnings of 4 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for Alto Ingredients Inc is 4.50, above its last closing price of $1.78.

This summary was machine generated November 1 at 14:11 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. 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