Brief: Douglas Dynamics Reports Qtrly Adjusted Diluted EPS $0.72

Douglas Dynamics

25/02/2020 01:21

Feb 24 (Reuters) - Douglas Dynamics Inc  PLOW.N :
    * DOUGLAS DYNAMICS REPORTS FOURTH QUARTER AND FULL YEAR 2019
RESULTS
    * SEES FY 2020 ADJUSTED EARNINGS PER SHARE $1.95 TO $2.75
    * SEES FY 2020 SALES $530 MILLION TO $590 MILLION
    * QTRLY ADJUSTED DILUTED EPS $0.72
    * QTRLY EARNINGS PER SHARE $0.50
    * FY2020 EARNINGS PER SHARE VIEW $2.52, REVENUE VIEW $582.6
MILLION -- REFINITIV IBES DATA
    * QTRLY NET SALES $160.3 MILLION VERSUS $151.8 MILLION
    * FY2020 REVENUE VIEW $582.6 MILLION -- REFINITIV IBES DATA
    * DOUGLAS DYNAMICS - IN NEAR TERM, BELIEVE LABOR SHORTAGES,
SUPPLY
CHAIN CONSTRAINTS, & ONGOING CHASSIS DELIVERY ISSUES WILL HINDER
GROWTH SOMEWHAT
    * Q4 EARNINGS PER SHARE VIEW $0.65 -- REFINITIV IBES DATA
    * Q4 REVENUE VIEW $150.3 MILLION -- REFINITIV IBES DATA
    * DOUGLAS DYNAMICS - EXPECT TO SEE GRADUAL IMPROVEMENTS IN
CLASS 8
CHASSIS DELIVERY TIMES DURING H2 2020

Source text for Eikon:  ID:nGNXbrw0V7 
Further company coverage:  PLOW.N 

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