Alta Equipment: Q4 Earnings Snapshot

LIVONIA, Mich. (AP) — LIVONIA, Mich. (AP) — Alta Equipment Group Inc. (ALTG) on Thursday reported a loss of $1.9 million in its fourth quarter.

On a per-share basis, the Livonia, Michigan-based company said it had a loss of 8 cents.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.

The company posted revenue of $521.5 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $478.7 million.

For the year, the company reported profit of $8.9 million, or 18 cents per share. Revenue was reported as $1.88 billion.

Alta Equipment shares have fallen 15% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.51, a fall of 35% 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