Alta Equipment (ALTG) Reports Q3 Loss, Misses Revenue Estimates

Alta Equipment (ALTG) came out with a quarterly loss of $1.31 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to a loss of $0.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -385.19%. A quarter ago, it was expected that this company would post a loss of $0.27 per share when it actually produced a loss of $0.21, delivering a surprise of +22.22%.Over the last four quarters, the company has surp ...