Recap: Alta Equipment Group Q2 Earnings

 

Alta Equipment Group ALTG reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:15 PM.

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

Earnings

Alta Equipment Group beat estimated earnings by 2000.0%, reporting an EPS of $0.21 versus an estimate of $0.01.

Revenue was up $113.80 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 2.48% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.08 0.04 0.03 -0.03
EPS Actual -0.02 0.03 0.02 -0.12
Revenue Estimate 323.74M 300.40M 286.56M 259.05M
Revenue Actual 331.70M 356.30M 295.00M 292.70M

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.

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