Alto Ingredients (NASDAQ:ALTO) reported its Q4 earnings results on Monday, March 11, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Alto Ingredients missed estimated earnings by -125.0%, reporting an EPS of $-0.18 versus an estimate of $-0.08.
Revenue was down $54.81 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 61.0% drop in the share price the next day.
Here's a look at Alto Ingredients's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | -0.07 | -0.07 | -0.06 |
| EPS Actual | 0.05 | 0.10 | -0.18 | -0.46 |
| Revenue Estimate | 308.71M | 306.53M | 297.60M | 342.43M |
| Revenue Actual | 318.13M | 317.30M | 313.89M | 328.44M |
To track all earnings releases for Alto Ingredients visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.