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Compared to Estimates, Alta Equipment (ALTG) Q1 Earnings: A Look at Key Metrics

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For the quarter ended March 2026, Alta Equipment (ALTG - Free Report) reported revenue of $410.5 million, down 3% over the same period last year. EPS came in at -$0.62, compared to -$0.65 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $420.21 million, representing a surprise of -2.31%. The company delivered an EPS surprise of -5.68%, with the consensus EPS estimate being -$0.59.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Alta Equipment performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenues- New and used equipment sales: $206.9 million versus $217.66 million estimated by two analysts on average.
  • Revenues- Parts sales: $71.2 million versus $23.8 million estimated by two analysts on average.
  • Revenues- Service revenues: $63.6 million versus $73.04 million estimated by two analysts on average.
  • Revenues- Rental revenues: $38.6 million versus the two-analyst average estimate of $66.11 million.
  • Revenues- Rental equipment sales: $30.2 million versus $40.71 million estimated by two analysts on average.

View all Key Company Metrics for Alta Equipment here>>>

Shares of Alta Equipment have returned +42.9% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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