Picture of Alamo logo

ALG Alamo News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsBalancedMid CapSuper Stock

Alamo Group Inc reports results for the quarter ended June 30 - Earnings Summary

Alamo Group Inc ALG.N reported quarterly adjusted earnings of $2.57​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.35.  The mean expectation of four analysts for the quarter was for earnings of $2.70 per share. Wall Street expected results to range from $2.63  to $2.76 per share.

Revenue rose 0.7% to $419.07 million from a year ago; analysts expected $409.45 million.

Alamo Group Inc's reported EPS for the quarter was $2.57​.

The company reported quarterly net income of $31.11 million.

Alamo Group Inc shares had risen by 3.5% this quarter and gained 21.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 10.6% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is  "buy."

Wall Street's median 12-month price target for Alamo Group Inc is $238.50, about 5.8% above its last closing price of $224.77

This summary was machine generated from LSEG data August 7 at 04:23 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.702.57Missed
Mar. 31 20252.272.64Beat
Dec. 31 20242.252.33Beat
Sep. 30 20242.442.28Missed

Recent news on Alamo

See all news