Alamo Group Inc expected to post earnings of $2.42 a share - Earnings Preview

Alamo

02/11/2022 02:14

* 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
15.5% increase in revenue to $390.625 million from $338.31
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 $2.42 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 $165​, above​ its last closing price of $153.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  1.59        1.60       1.62      Beat    1​
 Sep. 30 2021  2.03        2.05       1.59      Missed  -22.6
 ​​Jun.        1.57        1.57       1.97      Beat    25.5
 30 2021                                                
 Mar. 31 2021  1.40        1.39       1.47      Beat    5.8​
 Dec. 31 2020  1.38        1.37       0.93      Missed  -32.1
 Sep. 30 2020  1.44        1.38       1.74      Beat    26.5
 This summary was machine generated November 2 at 02:14 GMT.  All
figures in US dollars  unless otherwise stated