Alta Equipment (ALTG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Alta Equipment reported Q3 2026 revenue of $417.4 million, down 1.2% year-over-year and missing the consensus estimate of $454.43 million by 8.15%. The company posted an EPS of -$0.37, significantly worse than the estimated -$0.22, representing a 68.18% negative surprise. Key revenue segments showed mixed results, with parts sales exceeding expectations while new/used equipment sales, service revenues, and rental revenues all fell short of analyst estimates. The stock carries a Zacks Rank #3 (Hold) rating.