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

Alto Ingredients (NASDAQ:ALTO) is scheduled to be posting its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Alto Ingredients to post earnings of ($0.18) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Alto Ingredients (NASDAQ:ALTO) last posted its quarterly earnings data on Monday, March 11th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.14). The company had revenue of $273.63 million for the quarter, compared to analyst estimates of $301.92 million. Alto Ingredients had a negative return on equity of 7.32% and a negative net margin of 2.29%. 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 traded down $0.04 during trading hours on Tuesday, reaching $1.90. 103,764 shares of the company were exchanged, compared to its average volume of 630,470. 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 stock’s 50-day moving average is $2.08 and its 200-day moving average is $2.46. The firm has a market cap of $143.82 million, a PE ratio of -4.97 and a beta of 1.89. Alto Ingredients has a twelve month low of $1.20 and a twelve month high of $4.98.

About Alto Ingredients

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.