Alta Equipment (ALTG) Reports Q1 Loss, Misses Revenue Estimates

Alta Equipment (ALTG) came out with a quarterly loss of $0.65 per share versus the Zacks Consensus Estimate of a loss of$ 0.60. This compares to loss of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.33%. A quarter ago, it was expected that this company would post a loss of$ 0.31 per share when it actually produced a loss of $0.34, delivering a surprise of -9.68%.Over the last four quarters, the company has not been ...