Alamo Group Inc expected to post earnings of $2.12 a share - Earnings Preview
28/04/2023 13:49
* 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
7.7% increase in revenue to $390.05 million from $362.01 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data.
* Refinitiv's mean analyst estimate for Alamo Group Inc is
for
earnings of $2.12 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months.
* Wall Street's median 12-month price target for Alamo Group
Inc
is $203, above its last closing price of $178.80.
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 2022 2.00 1.99 2.44 Beat 22.6
Sep. 30 2022 2.42 2.42 2.16 Missed -10.6
Jun. 30 2022 1.90 1.96 2.39 Beat 22.1
Mar. 31 2022 1.71 1.73 1.63 Missed -5.8
Dec. 1.59 1.60 1.62 Beat 1
31 2021
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
This summary was machine generated April 28 at 12:49 GMT. All
figures in US dollars unless otherwise stated