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

Alto Ingredients (NASDAQ:ALTO) is scheduled to be announcing 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. Persons interested in registering for the company’s earnings conference call can do so using this link.

Alto Ingredients (NASDAQ:ALTO) last announced its quarterly earnings data on Monday, March 11th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations 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

Shares of NASDAQ:ALTO opened at $1.90 on Friday. Alto Ingredients has a 52 week low of $1.31 and a 52 week high of $4.98. The company’s 50 day moving average is $2.05 and its two-hundred day moving average is $2.42. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.59 and a quick ratio of 1.78.

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.