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

Alto Ingredients (NASDAQ:ALTO) is set to release its earnings data after the market closes on Monday, May 6th. Analysts expect Alto Ingredients to post earnings of ($0.18) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Alto Ingredients (NASDAQ:ALTO) last announced its earnings results on Monday, March 11th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.14). Alto Ingredients had a negative return on equity of 7.32% and a negative net margin of 2.29%. The firm had revenue of $273.63 million during the quarter, compared to analyst estimates 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 Stock Up 1.1 %

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

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.