ATS (ATS) came out with quarterly earnings of $0.3 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +11.11%. A quarter ago, it was expected that this automation services provider would post earnings of $0.26 per share when it actually produced earnings of $0.28, delivering a surprise of +7.69%. Over the last four quarters, th ...

Financial Performance - Alta Equipment reported a quarterly loss of $0.65 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.60, and compared to a loss of $0.38 per share a year ago, indicating a decline in performance [1] - The company posted revenues of $423 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.11%, and down from $441.6 million in the same quarter last year [2] - Over the last four quarters, Alta Equipment has not surpassed consensus EPS estimates and has topped consensus revenue estimates only once [2] Stock Performance - Since the beginning of the year, Alta Equipment shares have lost approximately 27.1%, significantly underperforming the S&P 500, which declined by 4.7% [3] - The current Zacks Rank for Alta Equipment is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.30 on revenues of $482.42 million, and for the current fiscal year, it is -$1.39 on revenues of $1.89 billion [7] - The trend of estimate revisions for Alta Equipment is mixed, and future changes in estimates will be closely monitored following the recent earnings report [6][7] Industry Context - The Manufacturing - General Industrial industry, to which Alta Equipment belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting a challenging environment for the sector [8]