Alta Equipment Group (NYSE:ALTG) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Alta Equipment Group beat estimated earnings by 140.0%, reporting an EPS of $0.04 versus an estimate of $-0.1.
Revenue was up $89.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 11.78% drop in the share price the next day.
Here’s a look at Alta Equipment Group’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.11 | 0.01 | -0.08 |
| EPS Actual | 0.04 | 0.18 | 0.21 | -0.02 |
| Revenue Estimate | 411.25M | 379.23M | 351.92M | 323.74M |
| Revenue Actual | 428.60M | 405.00M | 406.50M | 331.70M |
To track all earnings releases for Alta Equipment Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
