Alto Ingredients (ALTO) Reports Q3 Loss, Misses Revenue Estimates

Alto Ingredients (ALTO) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.02. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -300%. A quarter ago, it was expected that this ethanol producer would post a loss of $0.11 per share when it actually produced a loss of $0.05, delivering a surprise of 54.55%.Over the last four quarters, the company has surpassed ...