Alta Equipment Group (ALTG) Misses Q1 EPS by 4c, Revenue Beats

Alta Equipment Group (NYSE: ALTG) reported Q1 EPS of ($0.19), $0.04 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $268.8 million versus the consensus estimate of $238.36 million.

Full Year Financial Guidance:

Alta expects to report Adjusted EBITDA in the range of $110 million to $115 million, net of new equipment floorplan interest, for the full year 2021. At the midpoint, this represents a 35.5% increase over $83.0 million in Adjusted EBITDA in 2020.

For earnings history and earnings-related data on Alta Equipment Group (ALTG) click here.

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