Alamo Group Inc expected to post earnings of $2.25 a share - Earnings Preview

Alamo

25/02/2025 21:52

Alamo Group Inc ALG.N, ALG is expected to show a fall in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The Seguin Texas-based  company is expected to report a 5.0% decrease in revenue to $396.85 million from $417.54 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

‚ÄãLSEG's mean analyst estimate for Alamo Group Inc is for earnings of $2.25 per share.

The current average analyst rating on the shares is "strong 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 was unchanged in the last three months. ‚Äã

Wall Street's median 12-month price target for Alamo Group Inc is $221.50‚Äã, above‚Äã its last closing price of $185.73. ‚Äã‚Äã‚Äã

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äã

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
2.41
2.44
2.28
Missed
-6.5
Jun. 30 2024
2.72
2.72
2.35
Missed
-13.5
Mar. 31 2024
2.54
2.53
2.67
Beat
5.7‚Äã
Dec. 31 2023
2.68
2.68
2.63
Missed
-1.7
‚Äã‚ÄãSep. 30 2023
2.64
2.65
2.91
Beat
9.6
Jun. 30 2023
3.10
3.05
3.03
Missed
-0.7‚Äã
Mar. 31 2023
2.13
2.12
2.79
Beat
31.9
Dec. 31 2022
2.00
1.99
2.44
Beat
22.6

This summary was machine generated February 25 at 21:52 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)