Alamo Group Inc expected to post earnings of $1.57 a share - Earnings Preview
30/07/2021 12:56
* Alamo Group Inc ALG.N ALG is expected to show a rise in
quarterly revenue when it reports results on August 4.
* The Seguin, Texas-based company is expected to report a
16.1% increase in revenue to $311.833 million from $268.64
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data.
* Refinitiv's mean analyst estimate for Alamo Group Inc is for
earnings of $1.57 per share. For the same quarter last year, the
company reported earnings of $1.06 per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by about 2.5%
in the last three months.
* Wall Street's median 12-month price target for Alamo Group Inc
is $176, about 17.1% above its last closing price
of $145.86.
* Previous quarterly performance (using preferred earnings
measure in US dollars).
QUARTER STARMINE REFINITIV ACTUAL BEAT, SURPRI
ENDING SMARTESTIM IBES MET, SE %
ATE® ESTIMATE MISSED
Mar. 31 2021 1.40 1.39 1.47 Beat 5.8
Dec. 31 2020 1.38 1.37 0.93 Missed -32.1
Sep. 30 2020 1.44 1.38 1.74 Beat 26.5
Jun. 30 2020 0.79 0.81 1.06 Beat 31.4
Mar. 1.24 1.21 1.29 Beat 6.3
31 2020
Dec. 31 2019 1.49 1.49 1.32 Missed -11.3
Sep. 30 2019 1.87 1.87 1.54 Missed -17.5
Jun. 30 2019 1.61 1.62 1.75 Beat 8
This summary was machine generated July 30 at 11:56 GMT. All
figures in US dollars unless otherwise stated