Alta Equipment Group Q1 2024 Earnings Report

Alta Equipment Group EPS Results

• Actual EPS: -$0.38
• Consensus EPS: -$0.21
• Beat/Miss: Missed by -$0.17
• One Year Ago EPS: N/A

Alta Equipment Group Revenue Results

• Actual Revenue: $441.60 million
• Expected Revenue: $416.35 million
• Beat/Miss: Beat by +$25.25 million
• YoY Revenue Growth: N/A

Alta Equipment Group Announcement Details

• Quarter: Q1 2024
• Date: 5/8/2024
• Time: N/A

Alta Equipment Group (NYSE:ALTG) owns and operates integrated equipment dealership platforms in the United States. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; provides automated equipment installation and system integration solutions; and distributes environmental processing equipment. It serves various manufacturing, food and beverage, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture, road building, mining, recycling, and waste management sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.