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

Alamo

03/08/2023 24:50

* Alamo Group Inc  ALG.N  reported quarterly adjusted
earnings of
$3.03​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
$3.05 per share.
    * Revenue rose 11.2% to $440.69 million from a year ago;
analysts
expected $432.14 million. 
    * Alamo Group Inc's reported EPS for the quarter was $3.03​.
    * The mean earnings estimate of analysts had risen by
about 9.3%
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 risen by 6.4% this quarter and
gained 38.2% so far this year.
    * The company reported quarterly net income of $36.37
million.
    * Wall Street's median 12-month price target for Alamo Group
Inc
is $215.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 11:49 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      3.05           3.03           Missed
 Mar. 31 2023      2.12           2.79           Beat
 Dec. 31 2022      1.99           2.44           Beat
 Sep. 30 2022      2.42           2.16           Missed