Alta Equipment (ALTG) Reports Q4 Loss, Tops Revenue Estimates

Alta Equipment (ALTG) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.05. 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 -60%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.20, delivering a surprise of 400%.Over the last four quarters, the company has surpassed ...