Alta Equipment: Q3 Earnings Snapshot

LIVONIA, Mich. (AP) — LIVONIA, Mich. (AP) — Alta Equipment Group Inc. (ALTG) on Monday reported a loss of $11.5 million in its third quarter.

On a per-share basis, the Livonia, Michigan-based company said it had a loss of 37 cents.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share.

The company posted revenue of $417.4 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $454.4 million.

Alta Equipment shares have risen 31% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.04, an increase of 15% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALTG at https://www.zacks.com/ap/ALTG