Investing.com - Alto Ingredients reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Alto Ingredients announced earnings per share of $-0.390 on revenue of $336.88M. Analysts polled by Investing.com EPS of $0.140 on revenue of $324.8M.
Alto Ingredients 's are down 5.02% and is trading at $4.150 , still down 43.69% from its 52 week high of $7.37 set on Thursday, April 14, 2022.
Alto Ingredients follows other major Energy sector earnings this month
Alto Ingredients's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
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