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Alto Ingredients (ALTO)
NASDAQ:ALTO
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.2Last Year’s EPS
-0.17Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: 2.04%
|Next Earnings Date:May 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements, such as the acquisition of a CO2 processing plant and operational efficiency improvements. However, these were countered by the challenges faced due to market conditions, leading to a consolidated net loss and the cold idling of the Magic Valley plant. The sentiment was mixed, with both positive initiatives and significant financial and operational challenges.Company Guidance
During the Alto Ingredients Fourth Quarter and Year-End 2024 Financial Results Conference Call, several key metrics and strategic initiatives were discussed. The company reported a net loss of $41.7 million for Q4 2024, including $30.5 million in asset impairments and acquisition-related expenses. Adjusted EBITDA was negative $7.7 million, with a total of 95.1 million gallons sold at an average price of $1.88 per gallon, down from $2.24 in Q4 2023. Cost-saving initiatives are expected to save approximately $8 million annually, with a 16% reduction in headcount contributing to these savings. The acquisition of a CO2 processing facility for over $7 million is anticipated to have a compelling two-year payback, with the potential to produce over 70,000 tons annually. Additionally, the company is pursuing strategic options including asset sales, mergers, or other transactions to maximize shareholder value.Acquisition of Beverage-Grade Liquid CO2 Processing Plant
In January, Alto Ingredients acquired a beverage-grade liquid CO2 processing plant adjacent to its Columbia facility. This acquisition is expected to improve the facility's top and bottom-line results, create cost synergies, and offer growth opportunities. The acquisition was immediately accretive with a compelling payback period of approximately two years.
Operational Efficiency and Cost Savings
The company implemented several cost-saving initiatives, including the cold idling of the Magic Valley plant and rationalizing Eagle Alcohol's operations. These measures aligned the company with a smaller operational footprint and are expected to save approximately $8 million annually.
Increased Production and Certifications
The Pekin campus increased production by 3.8 million gallons year-over-year, a 7% increase, due to improved plant utilization. Additionally, the campus achieved ISCC certification, enabling exports of certified renewable fuel to the EU.
Entry into European Market
Alto Ingredients began exporting certified renewable fuel to European markets in Q4 2024 and plans to expand exports in 2025.
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ALTO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALTO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $1.47 | $1.57 | +6.80% |
| Nov 06, 2024 | $1.94 | $1.21 | -37.63% |
| Aug 06, 2024 | $1.38 | $1.46 | +5.80% |
| May 06, 2024 | $1.95 | $1.76 | -9.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Alto Ingredients (ALTO) report earnings?
Alto Ingredients (ALTO) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is Alto Ingredients (ALTO) earnings time?
Alto Ingredients (ALTO) earnings time is at May 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALTO EPS forecast?
ALTO EPS forecast for the fiscal quarter 2025 (Q1) is -0.2.
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