Alamo Group Inc expected to post earnings of $2.05 a share - Earnings Preview

Alamo

01/11/2021 23:02

* Alamo Group Inc  ALG.N   ALG  is expected to show a rise in
quarterly revenue when it reports  results on November 3. 
* The Seguin, Texas-based company is expected to report  a
16.8% increase in revenue to $340.833 million from $291.76
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 $2.05 per share. For the same quarter last year, the
company reported earnings of $1.74 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "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 $178.5​, about 13.9% above​ its last closing price
of $153.67. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   1.57        1.57       1.97      Beat    25.5
 Mar. 312021   1.40        1.39       1.47      Beat    5.8
 Dec. 312020   1.38        1.37       0.93      Missed  -32.1​
 Sep. 302020   1.44        1.38       1.74      Beat    26.5
 ​​Jun.        0.79        0.81       1.06      Beat    31.4
 302020                                                 
 Mar. 312020   1.24        1.21       1.29      Beat    6.3​
 Dec. 312019   1.49        1.49       1.32      Missed  -11.3
 Sep. 302019   1.87        1.87       1.54      Missed  -17.5
 This summary was machine generated November 1 at 23:02 GMT.  All
figures in US dollars unless otherwise stated