Alto Ingredients (ALTO) Reports Q1 Loss, Tops Revenue Estimates

Alto Ingredients (ALTO) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of$ 0.15. This compares to loss of $0.17 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -6.67%. A quarter ago, it was expected that this ethanol producer would post a loss of$ 0.12 per share when it actually produced a loss of $0.24, delivering a surprise of -100%. Over the last four quarters, the company ...