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

* Alamo Group Inc  ALG.N   ALG  is expected to show a fall
in
quarterly revenue when it reports  results on February 20
(estimated) 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.
    * ​LSEG'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. ​
    * Wall Street's median 12-month price target for Alamo Group
Inc
is $221.50​, above​ its last closing price of $188.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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​
 Dec. 31 2023  2.68        2.68       2.63      Missed  -1.7
 ​​Sep.        2.64        2.65       2.91      Beat    9.6
 30 2023                                                
 Jun. 30 2023  3.10        3.05       3.03      Missed  -0.7​
 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 21 at 11:01 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)

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