$ALTG

Herc (HRI) and 7 other specialty equipment distributors reported Q2 earnings. HRI revenue grew 20.2% YoY, beating estimates but missing guidance. Richardson Electronics (RELL) grew 27.6% YoY, beating estimates. SiteOne (SITE) missed estimates, down 4.7% YoY. Alta (ALTG) missed estimates, down 1.2% YoY. Custom Truck One Source (CTOS) grew 10.2% YoY, beating estimates. Group revenues beat by 5.1%, but shares declined 3.6% on average.

Alta (ALTG) reported Q2 CY2026 revenue of $475.5M, below analysts’ $490.7M estimate, but beat on adjusted EPS (-$0.04 vs -$0.11) and adjusted EBITDA ($48.6M vs $44.3M). Management cited improving order activity and easing dealer inventory pressures. Full-year EBITDA guidance midpoint is $172.5M. Analyst questions covered service revenue, market balance, guidance timing, rental utilization, and PeakLogix integration.

ALTA EQUIPMENT GROUP INC. (ALTG) filed an SEC Form 8-K — Results of Operations and Financial Condition. ALTA EQUIPMENT GROUP INC. EARNINGS PRESS RELEASE Exhibit 99.1 Alta Equipment Group Announces Second Quarter 2026 Financial Results Second Quarter Financial Highlights: • Total revenues increased $65.0 million sequentially versus the first quarter of 2026, with all three segments

Alta Equipment Group (NYSE: ALTG) is set to report Q2 earnings Thursday. The company missed revenue and EBITDA expectations last quarter, with revenue of $410.5 million, down 3% YoY. For Q2, analysts expect revenue up 2% YoY. Alta is up 15.2% over the past month, with an average price target of $10.60 vs $7.47.

Alta Equipment Group (NYSE:ALTG) has a consensus “Hold” rating from five covering analysts, with an average 1-year price target of $12.1667. Ratings include one sell, two hold, and two buy. The article cites Alta’s May 7 earnings: EPS -$0.62 vs -$0.59 expected; revenue $410.5M vs $424.18M.

Alta Equipment Group (NYSE: ALTG) reported a Q1 2026 net loss of $20.3 million despite a 44.5% increase in rental equipment sales and a significant improvement in operating cash flow. Total revenues declined by 3% year-over-year, and Adjusted EBITDA also decreased. The company updated its full-year 2026 Adjusted EBITDA guidance, citing stronger Material Handling bookings and ongoing rental fleet optimization efforts.

Five analysts have issued a "Hold" consensus recommendation for Alta Equipment Group Inc. (NYSE:ALTG), with an average one-year price target of $12.17 against a current share price of $5.20. Recent insider selling by the CEO and CFO has occurred, though insiders still own a significant portion of the company and have made recent purchases. The company's latest financial results showed mixed performance with revenue beating estimates but EPS missing, alongside negative profitability and high leverage.

Raymond James Financial upgraded Alta Equipment Group (NYSE:ALTG) from "market perform" to "outperform" with a new price target of $9.50, representing a potential 43% upside. This upgrade comes despite Alta Equipment Group missing its quarterly EPS estimates and remaining unprofitable, though its revenue beat expectations. Insider selling by the CEO and CFO was noted, contrasting with significant institutional ownership.

This article from StockStory identifies one volatile stock with exciting potential and two others that investors should question. It recommends buying EMCOR (EME) due to outstanding revenue growth, amplified shareholder returns, and improving returns on capital. Conversely, it advises against Alta Equipment Group (ALTG) and U.S. Bancorp (USB) due to concerns about slow growth, cash burn, dilution risk, and limited growth potential respectively.

While the top- and bottom-line numbers for Alta Equipment (ALTG) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.