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Alta Equipment (ALTG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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Alta Equipment (ALTG - Free Report) reported $417.4 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 1.2%. EPS of -$0.37 for the same period compares to -$1.31 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $454.43 million, representing a surprise of -8.15%. The company delivered an EPS surprise of -68.18%, with the consensus EPS estimate being -$0.22.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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: $204 million compared to the $241.37 million average estimate based on two analysts. The reported number represents a change of -3.4% year over year.
Revenues- Parts sales: $76.3 million versus $22.7 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.3% change.
Revenues- Service revenues: $64.7 million versus $76.63 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.6% change.
Revenues- Rental revenues: $47.5 million compared to the $67.82 million average estimate based on two analysts. The reported number represents a change of -1.9% year over year.
Revenues- Rental equipment sales: $24.9 million compared to the $47.59 million average estimate based on two analysts. The reported number represents a change of +16.4% year over year.
Shares of Alta Equipment have returned -6.5% over the past month versus the Zacks S&P 500 composite's -5.6% 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.
View the Zacks #1 Rank List
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Alta Equipment (ALTG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Alta Equipment (ALTG - Free Report) reported $417.4 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 1.2%. EPS of -$0.37 for the same period compares to -$1.31 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $454.43 million, representing a surprise of -8.15%. The company delivered an EPS surprise of -68.18%, with the consensus EPS estimate being -$0.22.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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:View all Key Company Metrics for Alta Equipment here>>>
Shares of Alta Equipment have returned -6.5% over the past month versus the Zacks S&P 500 composite's -5.6% 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.