Alamo Group Inc expected to post earnings of $1.60 a share - Earnings Preview

Alamo

22/02/2022 23:02

* Alamo Group Inc  ALG.N   ALG  is expected to show a rise
in
quarterly revenue when it reports  results on February 24. 
    * The Seguin Texas-based  company is expected to report  a
13.4% increase in revenue to $327.4 million from $288.62 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 $1.60 per share. For the same quarter last year, the
company reported earnings of 93 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Alamo Group
Inc
is $173.5​, about 22.3% above​ its last closing price
of $134.85. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  2.03        2.05       1.59      Missed  -22.6
 Jun. 30 2021  1.57        1.57       1.97      Beat    25.5
 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.        1.44        1.38       1.74      Beat    26.5
 30 2020                                                
 Jun. 30 2020  0.79        0.81       1.06      Beat    31.4​
 Mar. 31 2020  1.24        1.21       1.29      Beat    6.3
 Dec. 31 2019  1.49        1.49       1.32      Missed  -11.3
 This summary was machine generated February 22 at 23:02 GMT. 
All figures in US dollars  unless otherwise stated