Alta Equipment (ALTG) Reports Q1 Loss, Tops Revenue Estimates
- Quarterly loss of $0.38 per share, missed Zacks Consensus Estimate, adjusted for non-recurring items. - Revenue of $441.6 million, beat Zacks Consensus Estimate by 6.07%, topped consensus revenue estimates four times. - Alta Equipment shares down 4.5% year-to-date, earnings outlook mixed with a Zacks Rank #3 (Hold). - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings
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