GET DAILY SIGNALSAlta Equipment Group (ALTG) Q3 2026 Earnings: Narrowing Losses in Focus
Key Takeaways
- Alta Equipment Group is expected to report its third-quarter 2026 results on Monday, November 9, 2026, after the market close, with a conference call the following morning.
- Analysts tracked by MarketBeat expect revenue of approximately $452.3 million and a loss of roughly $0.22 per share for the quarter ended September 30, 2026.
- The year-ago quarter produced revenue of $422.6 million and an adjusted loss of $1.31 per share, meaning consensus implies a significantly narrower loss on a year-over-year basis.
- Last quarter (Q2 2026), the company reported revenue of $475.5 million and a loss of $0.25 per share, slightly missing consensus estimates.
- Key themes to watch include the timing of equipment sales, tariff pressure on the Master Distribution (Ecoverse) segment, progress on rental-fleet optimization, and recurring product-support revenue.
- Management's full-year 2026 outlook calls for adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of $167.5 million to $182.5 million.
- For additional context on ALTG, you can explore the ticker's Major News, Today's Price Move, Price Targets, and Forecast on dedicated Tickeron pages.
- You can also discover automated trading strategies by exploring Trending AI Robots.
Why This Earnings Report Matters
Alta Equipment Group operates one of North America's largest integrated equipment dealership platforms, spanning material handling, construction equipment, and master distribution. Its third-quarter print matters because it tests whether a long-running equipment downturn is finally turning. Over the past several quarters, elevated interest rates and tariff uncertainty have pushed customers to delay capital spending, pressuring both equipment sales and gross margins. At the same time, the company has leaned on a more stable, recurring parts and service business to cushion volatility. Investors will look for evidence that deferred demand is converting into orders, that margins are stabilizing, and that cost discipline is translating into improved profitability and cash flow.
What the Numbers Are Expected to Show
For the third quarter of 2026, consensus estimates point to revenue near $452.3 million and a loss of roughly $0.22 per share, according to MarketBeat. That would compare with revenue of $422.6 million and a much larger adjusted loss of $1.31 per share in the same quarter a year ago. The year-ago result was heavily distorted by a non-cash, non-recurring deferred income tax charge tied to a full valuation allowance against deferred tax assets following the 2025 tax legislation known as the OBBBA (One Big Beautiful Bill Act).
Investors will also focus on adjusted EBITDA, gross margins on new and used equipment, and product-support revenue, which management has described as an annuitized, stable cash-flow stream. The company's updated full-year guidance — adjusted EBITDA of $167.5 million to $182.5 million and free cash flow before rent-to-sell decisioning of $100 million to $110 million — provides a benchmark against which third-quarter progress will be measured. I also checked this using Tickeron’s AI Screener to see how ALTG compares to others in the industry.
Market Reaction and Investor Sentiment
Sentiment heading into the report reflects cautious optimism. ALTG shares have posted a strong year-to-date gain in 2026, recovering from a depressed base after a difficult 2025, even as the underlying equipment market has remained soft. The stock has historically been volatile around earnings, with notable single-day moves following recent reports, underscoring how sensitive the name is to quarterly demand commentary. Heading into the print, investors appear focused less on the headline loss — which remains elevated by non-cash charges — and more on whether equipment bookings, backlog, and gross margins show tangible improvement. Key risks include persistent tariff-related margin pressure in the Master Distribution segment and the possibility that customer orders slip further if economic uncertainty lingers.
Forward Outlook and Key Factors to Monitor
Following the third-quarter report, investors should monitor several forward-looking signals that will shape the company's trajectory into 2027.
First, watch equipment sales and order trends. Management has pointed to deferred demand converting into fourth-quarter activity as customers respond to interest-rate reductions and tax incentives. Evidence that October and November order momentum is holding will be critical to validating that narrative.
Second, track gross margins on new and used equipment. An oversupplied market has compressed margins below historical norms, and any sequential stabilization or improvement would signal that supply-and-demand dynamics are normalizing.
Third, monitor tariff developments and the Master Distribution (Ecoverse) segment. Renegotiated OEM (original equipment manufacturer) pricing and a stabilizing trade environment could ease the margin pressure that has weighed on this business.
Finally, keep an eye on the rental-fleet optimization strategy and free cash flow. Progress toward a smaller, higher-utilization fleet, combined with disciplined SG&A (selling, general, and administrative) spending, will be central to management's goal of improving profitability, reducing leverage, and strengthening cash generation through the back half of the fiscal year.
Using AI Tools for Deeper Analysis
In my view, combining traditional fundamental review with AI-driven screening adds useful perspective when preparing for earnings like this one. From what I see, tools that highlight patterns across peers and flag momentum shifts help put ALTG's results in broader context without replacing core due diligence. I’m watching this closely as part of my regular process for names in the industrial space.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
ALTG in +12.09% Uptrend, growing for three consecutive days on October 29, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ALTG advanced for three days, in 235 of 285 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 26, 2026. You may want to consider a long position or call options on ALTG as a result. In 65 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 79%.
The Moving Average Convergence Divergence (MACD) for ALTG just turned positive on October 22, 2026. Looking at past instances where ALTG's MACD turned positive, the stock continued to rise in 38 of 51 cases over the following month. The odds of a continued upward trend are 75%.
ALTG moved above its 50-day moving average on October 21, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ALTG crossed bullishly above the 50-day moving average on October 22, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 65%.
The Aroon Indicator entered an Uptrend today. In 158 of 198 cases where ALTG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 80%.
Bearish Trend Analysis
The 10-day RSI Indicator for ALTG moved out of overbought territory on October 30, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In 30 of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at 81%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 48 of 55 cases where ALTG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 87%.
The 50-day moving average for ALTG moved below the 200-day moving average on October 05, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ALTG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 82%.
ALTG broke above its upper Bollinger Band on October 27, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 8 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: ALTG's P/B Ratio (-6.218) is very low in comparison to the industry average of (4.203). P/E Ratio (-2.702) is within average values for comparable stocks, (0.470). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.538). Dividend Yield (0.033) settles around the average of (0.441) among similar stocks. P/S Ratio (0.104) is also within normal values, averaging (3.013).
The Tickeron Seasonality Score of 12 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is 46 (best 1 - 100 worst), indicating steady price growth. ALTG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 71 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 100 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ALTG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 64, placing this stock worse than average.
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General Information
a company, which operates integrated equipment dealership platforms
Industry ElectronicsDistributors
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