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

Alamo

Mon 23:23

Alamo Group Inc. ALG.N reported quarterly adjusted earnings of $2.06​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $2.10.  The mean expectation of five analysts for the quarter was for earnings of $2.62 per share. Wall Street expected results to range from $2.50  to $2.80 per share.
Revenue fell 4% to $403.14 million from a year ago; analysts expected $437.17 million. 
Alamo Group Inc.'s reported EPS for the quarter was 17 cents​.
The company reported quarterly net income of $2.03 million.
Alamo Group Inc. shares had fallen by 4.5% this quarter and lost 12.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.3% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is also "buy" 
Wall Street's median 12-month price target for Alamo Group Inc. is $205.00, about 25.5% above its last closing price of $152.73
This summary was machine generated from LSEG data November 2 at 11:23 p.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 ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Sep. 30 2026 
2.62
2.06
Missed
Jun. 30 2026 
2.74
2.82
Beat
Mar. 31 2026 
2.20
2.41
Beat
Dec. 31 2025 
2.12
1.28
Missed