According to Benzinga Pro data, during Q1, Custom Truck One Source (NYSE:CTOS) posted sales of $366.48 million. Earnings were up 11.85%, but Custom Truck One Source still reported an overall loss of $3.27 million.
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Custom Truck One Source (NYSE:CTOS) reported its Q1 earnings results on Tuesday, May 10, 2022 at 05:05 PM.
Here's what investors need to know about the announcement.
Companies Reporting Before The Bell
• The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.
Citigroup has decided to maintain its Buy rating of Custom Truck One Source (NYSE:CTOS) and raise its price target from $9.00 to $11.00.
Shares of Custom Truck One Source are trading up 5.34% over the last 24 hours, at $8.28 per share.
Custom Truck One Source (NYSE:CTOS) reported quarterly losses of $(0.02) per share which met the analyst consensus estimate. The company reported quarterly sales of $356.40 million which missed the analyst consensus