Alto Ingredients (ALTO) Scheduled to Post Quarterly Earnings on Monday

Alto Ingredients (NASDAQ:ALTO) will announce its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Alto Ingredients (NASDAQ:ALTO) last released its earnings results on Monday, March 11th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.14). Alto Ingredients had a negative net margin of 2.29% and a negative return on equity of 7.32%. The firm had revenue of $273.63 million during the quarter, compared to the consensus estimate of $301.92 million. On average, analysts expect Alto Ingredients to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Alto Ingredients Price Performance

NASDAQ:ALTO opened at $1.90 on Friday. Alto Ingredients has a 1-year low of $1.31 and a 1-year high of $4.98. The company has a current ratio of 2.59, a quick ratio of 1.78 and a debt-to-equity ratio of 0.29. The firm has a fifty day simple moving average of $2.06 and a 200 day simple moving average of $2.44. The stock has a market capitalization of $143.83 million, a PE ratio of -4.82 and a beta of 1.92.

Alto Ingredients Company Profile

Alto Ingredients, Inc produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Campus Production, and Western Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages and vinegar, as well as corn germ used in corn oils in the food and beverage markets; alcohols and other products for paint applications and fertilizers in the industrial and agriculture markets; and essential ingredients include dried yeast, corn protein meal, corn protein feed, distiller's grains, and liquid feed for commercial animal feed and pet food applications, as well as yeast for human consumption.