Alta Equipment Group (NYSE:ALTG) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.11 by 63.64 percent. This is a 800 percent increase over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $405.00 million which beat the analyst consensus estimate of $379.23 million by 6.80 percent. This is a 37.29 percent increase over sales of $295.00 million the same period last year.
Asia Up, Europe Up, Commodities Up – Global Markets Today While US Was Sleeping
On Friday, August 25, the U.S. markets closed higher after Federal Reserve Chair Jerome Powell's Jackson Hole Symposium speech, where he indicated a willingness to raise interest rates when necessary.
All key S&P 500 sectors increased, with consumer discretionary, technology, and energy as top gainers.
