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

Alamo

05/05/2022 06:58

* Alamo Group Inc  ALG.N  reported quarterly adjusted
earnings of
$1.63​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of $1.73 per share.
    * Revenue rose 16.3% to $362.01 million from a year ago; 
analysts
expected $343.97 million. 
    * Alamo Group Inc's reported EPS for the quarter was $1.55​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
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 fallen by 9.9% this quarter and
lost 12.0% so far this year.
    * The company reported quarterly net income of $18.47
million.
    * Wall Street's median 12-month price target for Alamo Group
Inc
is $179.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 5 at 05:58 a.m.  ​All
figures in US dollars unless otherwise stated