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CORRECTION: Alto Ingredients Q3 EPS $(0.05) Misses $0.09 Estimate, Sales $318.13M Beat $308.71M Estimate

Author: Benzinga Newsdesk | November 07, 2023 10:41am

Alto Ingredients (NASDAQ:ALTO) reported quarterly losses of $(0.05) per share which missed the analyst consensus estimate of $0.09 by 155.56 percent. This is a 87.18 percent increase over losses of $(0.39) per share from the same period last year. The company reported quarterly sales of $318.13 million which beat the analyst consensus estimate of $308.71 million by 3.05 percent. This is a 5.57 percent decrease over sales of $336.88 million the same period last year.

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