NASDAQ$ALTO

Alto Ingredients Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Alto Ingredients reported Q3 2024 results, showing increased production capabilities at the Pekin campus and improved gross profit despite market fluctuations.

Alto Ingredients reported improved production capabilities at its Pekin campus, leading to increased specialty alcohol sales and a 40% year-over-year increase in consolidated gross profit. The company also entered into a CO2 Transportation and Sequestration Agreement with Vault 44.01, marking a step toward sustainability.

  • Increased production capabilities and uptime at the Pekin campus compared to the prior year quarter.
  • Specialty alcohol sales increased by 4 million gallons compared to last year.
  • Consolidated gross profit improved over 40% year-over-year to $6.0 million.
  • Entered into a CO2 Transportation and Sequestration Agreement with Vault 44.01 for carbon emissions from the Pekin campus.

Headline financials

Total Revenue

$252M

Previous: $318M-20.8%
EPS

-$0.04

Previous: $0.05-180.0%
Capital Expenditures

-$9.79M

Previous: -$24.6M+60.2%
Free Cash Flow

-$12.2M

Previous: -$28.1M+56.5%
Net Income

-$2.44M

Previous: -$3.49M+30.0%
Operating Income

-$720K

Previous: -$4.33M+83.4%
Gross Profit

$5.96M

Previous: $4.16M+43.2%
Cash & Equivalents

$33.6M

Previous: $26.2M+28.4%
Total Assets

$417M

Previous: $461M-9.5%
Stock-Based Comp

$862K

Previous: $1.01M-14.4%

Revenue & EPS history

Alto Ingredients · Revenue · Quarterly

$252M

Q3 2024-20.8%vs Q3 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Alto Ingredients is managing through current market dynamics and positioning the company to leverage opportunities and lower its carbon footprint with the CO2 Transportation and Sequestration Agreement.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-1.9%

Avg return

Earnings day

-2.1%

Avg return

5 days after

+0.7%

Avg return

30 days after

39%

25 / 64 earnings

Positive

+54.6%

Q4 2025

Best reaction

-58.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.3%+1.3%+20.1%
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 2011-11.3%
Q4 2010-11.3%
Q2 2010-11.3%
Q1 2011-10.6%
Q1 2010-11.0%

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