Alamo Group Inc reports results for the quarter ended in June - Earnings Summary

Alamo

06/08/2021 04:24

* Alamo Group Inc  ALG.N  reported quarterly adjusted earnings
of $1.97​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of $1.57 per share.
* Revenue rose 29.4% to $347.55 million from a year ago; 
analysts expected $311.83 million. 
* Alamo Group Inc's reported EPS for the quarter was $2.19​.
* The mean earnings estimate of analysts had fallen by
about 11.8% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Alamo Group Inc shares had fallen by 7.6% this quarter and
gained 2.3% so far this year.
* The company reported quarterly net income of $26.04 million.
* Wall Street's median 12-month price target for Alamo Group Inc
is $176.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated August 6 at 03:23 a.m.  ​All
figures in US dollars unless otherwise stated