NASDAQ$ALTO
Alto Ingredients Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Alto Ingredients reported its financial results for the quarter ended June 30, 2024.
Alto Ingredients' Pekin Campus delivered over $10 million of gross profit in Q2 2024, despite over $5 million of expenses related to planned facility outages. The company expects to deliver positive Adjusted EBITDA for the third quarter if current margins hold and production targets are met.
- Pekin Campus has been producing alcohol and serving customers for over 150 years.
- The company continues to strengthen facilities by reinvesting cash flow from operations in capital upgrades as well as repairs and maintenance.
- Recent biennial outage at the Pekin wet mill improved capacity utilization and reduced fixed costs per unit.
- Magic Valley resumed operations in early July, and the company expects to increase production rates in the coming weeks as they complete the system upgrades.
Headline financials
Revenue & EPS history
Alto Ingredients · Revenue · Quarterly
$236M
Forward guidance
If current margins hold and we continue to hit our production targets, we expect to deliver positive Adjusted EBITDA for the third quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2024
-1.9%
Avg return
Earnings day
-2.1%
Avg return
5 days after
+0.2%
Avg return
30 days after
39%
25 / 64 earnings
Positive
+54.6%
Q4 2025
Best reaction
-58.2%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.8% | +0.9% | — | |
| Q4 2025 | +54.6% | +76.9% | +79.6% | |
| Q3 2025 | +21.9% | +53.4% | +116.4% | |
| Q1 2025 | -1.4% | -4.7% | +18.6% | |
| Q4 2024 | +6.8% | -4.8% | -38.8% | |
| Q3 2024 | -37.3% | -30.1% | -22.3% | |
| Q2 2024 | +4.3% | -0.7% | +2.9% | |
| Q1 2024 | -7.4% | -11.1% | -23.7% | |
| Q4 2023 | -7.4% | -8.8% | -5.1% | |
| Q3 2023 | -58.2% | -54.8% | -45.5% | |
| Q2 2023 | +11.8% | +9.2% | -4.9% | |
| Q1 2023 | +12.1% | +45.7% | +69.3% | |
| Q4 2022 | -34.4% | -34.0% | -52.9% | |
| Q3 2022 | -10.0% | -8.6% | -23.2% | |
| Q2 2022 | +1.1% | +7.0% | -18.5% | |
| Q1 2022 | -10.9% | -10.5% | -7.4% | |
| Q4 2021 | +4.1% | -7.1% | +12.2% | |
| Q3 2021 | -1.3% | -4.2% | -19.4% | |
| Q2 2021 | -9.0% | -3.4% | -5.6% | |
| Q1 2021 | -11.8% | -5.1% | +7.8% | |
| Q4 2020 | -17.1% | -22.3% | -28.3% | |
| Q3 2020 | -14.1% | -15.0% | -9.6% | |
| Q2 2020 | +25.3% | +5.6% | +41.4% | |
| Q1 2020 | -4.5% | -7.5% | +70.0% | |
| Q4 2019 | -5.6% | -13.3% | +10.0% | |
| Q3 2019 | -4.5% | -15.5% | -19.0% | |
| Q2 2019 | +9.5% | +29.6% | +20.4% | |
| Q1 2019 | -4.6% | +0.9% | -11.0% | |
| Q4 2018 | -7.0% | -10.9% | -10.2% | |
| Q3 2018 | +4.2% | +7.2% | -9.6% | |
| Q2 2018 | -11.3% | -20.8% | -30.2% | |
| Q1 2018 | +4.6% | +3.1% | -4.6% | |
| Q4 2017 | -12.8% | -15.1% | -30.2% | |
| Q3 2017 | +3.3% | +3.3% | -3.3% | |
| Q2 2017 | -1.7% | -2.6% | -13.0% | |
| Q1 2017 | +2.1% | -1.4% | -15.0% | |
| Q4 2016 | +0.6% | -7.0% | -12.7% | |
| Q3 2016 | -6.0% | -11.3% | +16.0% | |
| Q2 2016 | +8.0% | +5.1% | +8.4% | |
| Q1 2016 | +2.1% | — | — | |
| Q4 2015 | +28.3% | — | — | |
| Q3 2015 | -10.4% | — | — | |
| Q2 2015 | +5.3% | — | — | |
| Q1 2015 | +0.7% | — | — | |
| Q4 2014 | +28.3% | — | — | |
| Q3 2014 | +4.5% | — | — | |
| Q2 2014 | -3.7% | — | — | |
| Q1 2014 | -7.1% | — | — | |
| Q4 2013 | +54.0% | — | — | |
| Q3 2013 | -2.7% | — | — | |
| Q2 2013 | -3.1% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2012 | -6.4% | — | — | |
| Q3 2012 | -8.0% | — | — | |
| Q2 2012 | +0.5% | — | — | |
| Q4 2011 | +0.5% | — | — | |
| Q1 2012 | -17.0% | — | — | |
| Q3 2011 | -13.2% | — | — | |
| Q3 2010 | -13.2% | — | — | |
| Q2 2010 | -11.3% | — | — | |
| Q4 2010 | -11.3% | — | — | |
| Q2 2011 | -11.3% | — | — | |
| Q1 2011 | -10.6% | — | — | |
| Q1 2010 | -11.0% | — | — |
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