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

* Alamo Group Inc  ALG.N  reported quarterly adjusted earnings
of $1.47​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of $1.39 per share.
* Revenue fell 1% to $311.19 million from a year ago​;  analysts
expected $294.60 million.
* Alamo Group Inc's reported EPS for the quarter was $1.47​.
* The mean earnings estimate of analysts had fallen by
about 8.3% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Alamo Group Inc shares had risen by 3.3% this quarter and
gained 17.0% so far this year.
* The company reported quarterly net income of $17.46 million.
* Wall Street's median 12-month price target for Alamo Group Inc
is $166.00 
* 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 May 6 at 01:46 p.m. GMT. ​All
figures in US Dollars.​

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