Alta Equipment Group Inc. Class A Common Stock (ALTG)

Equipment distribution company Alta Equipment Group (NYSEALTG) will be announcing earnings results tomorrow afternoon. Here’s what to look for.

LIVONIA, Mich., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSEALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2024, after the U.S. markets close on Wednesday, March 5, 2025. In conjunction with this announcement, Alta management will host a conference call and webcast that afternoon at 5:00 p.m. Eastern Time to discuss and answer questions about the Company’s financial results. Prior to the conference call and webcast, Alta will issue a press release and supplementary presentation slides reporting these results on the Investors portion of the Company’s website, https://investors.altaequipment.com.

LIVONIA, Mich., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSEALTG) (“Alta” or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its common stock in the amount of $0.057 per share. The dividend payment date is February 28, 2025, to shareholders of record at the close of business on February 15, 2025.

Alta’s stock price has taken a beating over the past six months, shedding 26% of its value and falling to $7.74 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how specialty equipment distributors stocks fared in Q3, starting with Richardson Electronics (NASDAQRELL).

LIVONIA, Mich., Jan. 03, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSEALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares representing a 1/1000th fractional interest in one share of Series A Preferred. The dividend payment date is January 31, 2025, to shareholders of record at the close of business on January 15, 2025.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialty equipment distributors industry, including Alta (NYSEALTG) and its peers.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the industrial distributors industry, including Beacon Roofing Supply (NASDAQBECN) and its peers.

Let’s dig into the relative performance of Hudson Technologies (NASDAQHDSN) and its peers as we unravel the now-completed Q3 specialty equipment distributors earnings season.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialty equipment distributors industry, including Herc (NYSEHRI) and its peers.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the industrial distributors industry, including GMS (NYSEGMS) and its peers.

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at SiteOne (NYSESITE) and its peers.

Let’s dig into the relative performance of H&E Equipment Services (NASDAQHEES) and its peers as we unravel the now-completed Q3 specialty equipment distributors earnings season.

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Titan Machinery (NASDAQTITN) and its peers.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the specialty equipment distributors industry, including United Rentals (NYSEURI) and its peers.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialty equipment distributors industry, including Karat Packaging (NASDAQKRT) and its peers.

Equipment distribution company Alta Equipment Group (NYSEALTG) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 3.7% year on year to $448.8 million. Its non-GAAP loss of $0.72 per share was also 700% below analysts’ consensus estimates.

Third Quarter Financial Highlights:

Equipment distribution company Alta Equipment Group (NYSEALTG) will be announcing earnings results tomorrow after market hours. Here’s what investors should know.