NASDAQ$ALTO
Alto Ingredients Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported improved gross loss and Adjusted EBITDA compared to Q4 2022.
Alto Ingredients reported financial results for the quarter and year ended December 31, 2023, with gross loss and Adjusted EBITDA improving over the fourth quarter of 2022. The company is focused on diversifying revenue, improving capacity utilization, reducing costs, and expanding operating margins.
- Gross loss improved $18.8 million compared to Q4 2022.
- Adjusted EBITDA improved $19.0 million compared to Q4 2022.
- Signed a letter of intent with Vault 44.01 for CO2 storage at the Pekin campus.
- Temporarily hot-idled the Magic Valley plant to minimize the financial impact of negative regional crush margins and expedite equipment installation.
Headline financials
Revenue & EPS history
Alto Ingredients · Revenue · Quarterly
$274M
Forward guidance
Alto Ingredients anticipates stronger performance in 2024 with a favorable outlook leading to crush margin improvements and positive spreads through most of the year. The company is conducting ongoing maintenance to increase reliability and production run rates.
Tailwinds
- Overall outlook for 2024 is favorable.
- Crush margin improvements are expected over the next few months.
- Positive spreads are anticipated through most of the year.
- Ongoing maintenance across the asset portfolio to increase reliability.
- Production run rates are expected to increase.
Headwinds
- Markets are dynamic.
- Company remains agile and financially prudent.
- Company seeks to capitalize on the most promising and profitable opportunities.
- Magic Valley facility temporarily hot-idled.
- Restart production in the second quarter of 2024, once the upgrades are complete and crush margins have improved.
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 Q4 2023
-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
| Quarter | Report date | Reaction (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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