ALTO missed EPS expectations by 189.25%
Nov 07, 2024, 11:33 AM
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What does ALTO do
Alto Ingredients, headquartered in Sacramento, California, produces specialty alcohols, fuel-grade ethanol, and essential ingredients, employing 460 people and operating since its IPO on March 24, 2005. Its segments include Pekin Campus production, marketing and distribution, and Western production facilities.
Alto Ingredients (ALTO) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Alto Ingredients's actual EPS was -$0.04, missing the estimate of $0.04 per share, resulting in a -189.25% surprise.
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