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Recap: Alta Equipment Group Q4 Earnings

Author: Benzinga Insights | March 14, 2024 04:55pm

Alta Equipment Group (NYSE:ALTG) reported its Q4 earnings results on Thursday, March 14, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Alta Equipment Group beat estimated earnings by 160.0%, reporting an EPS of $0.03 versus an estimate of $-0.05.

Revenue was up $92.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.31 which was followed by a 17.0% increase in the share price the next day.

Here's a look at Alta Equipment Group's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.05 0.10 -0.10 0.04
EPS Actual 0.36 0.19 0.04 0.04
Revenue Estimate 465.62M 461.81M 395.66M 411.25M
Revenue Actual 466.20M 468.40M 420.70M 428.60M

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.

Posted In: ALTG

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