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Alto Ingredients (ALTO) Q3 Earnings and Revenues Surpass Estimates

Alto Ingredients (ALTO) came out with quarterly earnings of 0.19pershare,beatingtheZacksConsensusEstimateofalossof0.19 per share, beating the Zacks Consensus Estimate of a loss of 0.06 per share. This compares to a loss of 0.04pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+416.670.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +416.67%. A quarter ago, it was expected that this ethanol producer would post a loss of 0.18 per share when it actually produced a loss of $0.15, delivering a surprise of +16.67%.Over the last four quart ...