ALTO beat EPS expectations by 50.98%
Aug 06, 2024, 11:33 PM
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What does ALTO do
Alto Ingredients, Inc., headquartered in Sacramento, California, specializes in producing and marketing specialty alcohols and essential ingredients, employing 439 full-time staff since its IPO in 2005. The company operates through segments including Pekin Campus production, other production, and marketing and distribution, serving markets in health, home, beauty, food, beverage, and renewable fuels.
Alto Ingredients (ALTO) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Alto Ingredients's actual EPS was -$0.05, beating the estimate of -$0.10 per share, resulting in a 50.98% surprise.
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