ALTG

Alta Equipment (ALTG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

LIVONIA, Mich., Oct.

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at specialty equipment distributors stocks, starting with Alta (NYSE:ALTG).

Although Alta (currently trading at $6.03 per share) has gained 8.8% over the last six months, it has trailed the S&P 500’s 16.2% return during that period. This may have investors wondering how to approach the situation.

Material Handling backlog hits $143 million, highest since 2023.

Equipment distribution company Alta Equipment Group (NYSE:ALTG) missed Wall Street’s revenue expectations in Q2 CY2026, with sales falling 1.2% year on year to $475.5 million. Its non-GAAP loss of $0.03 per share was 74.2% above analysts’ consensus estimates.

Equipment distribution company Alta Equipment Group (NYSE:ALTG) fell short of the market’s revenue expectations in Q2 CY2026, with sales falling 1.2% year on year to $475.5 million.

Alta Equipment (ALTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Here is how Alta Equipment (ALTG) and Ardagh Metal Packaging S.A. (AMBP) have performed compared to their sector so far this year.

Alta has been treading water for the past six months, recording a small loss of 2.7% while holding steady at $6.44. The stock also fell short of the S&P 500’s 6.2% gain during that period.