The highly anticipated financial results for the third quarter of Alto Ingredients (NASDAQ: ALTO) are scheduled to be disclosed on Wednesday 6th November 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
It is anticipated by financial experts on Wall Street that the company is set to announce an estimated $0.03 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $267.57 million for this period.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.05. This considerable sum was attributed to the company's total revenue, which reached an impressive $318.13 million during that specific quarter.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.01 billion. At the same time, they are expecting the company to achieve per share loss of $0.12 for the fiscal year ahead.
ALTO has scheduled a conference call on 6th November 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Throughout Friday's trading, Alto Ingredients (ALTO) shares fluctuated between $1.78 and $1.94, with a trading volume of 1.65 million shares. The stock ended the regular trading session at $1.90, indicating an advance of 6.74 percent.