ALTG Earnings

ALTG reported its earnings on 2026-05-07, showcasing a revenue of 410.50M against an estimate of 420.21M, resulting in a -2.31% surprise. The EPS was -0.62, surpassing the expected -0.59 by -5.08%. The stock experienced a -11.6% price change on the earnings day and a -20.51% change over the next five days, reflecting market reactions to the results.

Following ALTG's earnings announcement on 2026-05-07, the stock price moved by -11.6% on the day of the release. Over the subsequent five days, it saw a -20.51% change. Historically, ALTG's stock price tends to shift by an average of 9.03% in the 10 days leading up to earnings and -5.8% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate ALTG's annual revenue to reach 495.15M, while the EPS is projected at -0.17. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between ALTG's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, ALTG's stock price typically moves by 9.03% in the 10 days before its earnings and -5.8% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of -0.17 and revenue of 495.15M.

The earnings call presents a mixed outlook. While there are positive signs in construction and material handling, challenges like tariff-related margin compression and health plan expenses persist. The Q&A highlights optimism for the second half of the year, but the initial revenue decline and EBITDA miss weigh on sentiment. Overall, without a clear market cap, the neutral rating reflects balanced positive and negative factors, suggesting limited stock price movement.