Alamo Group Inc expected to post earnings of $1.71 a share - Earnings Preview

Alamo

03/05/2022 02:55

* Alamo Group Inc  ALG.N   ALG  is expected to show a rise
in
quarterly revenue when it reports  results on May 4. 
    * The Seguin Texas-based  company is expected to report  a
9.4% increase in revenue to $340.3 million from $311.19 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 $1.71 per share. For the same quarter last year, the
company reported earnings of $1.47 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 $179.5​, above​ its last closing price of $127.15. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.59        1.60       1.62      Beat    1
 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.        1.38        1.37       0.93      Missed  -32.1
 31 2020                                                
 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. 31 2020  1.24        1.21       1.29      Beat    6.3
 This summary was machine generated May 3 at 01:55 GMT.  All
figures in US dollars  unless otherwise stated