Douglas Dynamics' Q2 adjusted EPS beats expectations

Douglas Dynamics

04/08/2025 23:16

Overview

Douglas Dynamics Q2 net sales fall 2.8% yr/yr due to lower Attachments volumes

Adjusted EPS of $1.14 beats analyst expectations, per LSEG data

Co raises full-year guidance for net sales and adjusted EBITDA

Outlook

Douglas Dynamics raises 2025 net sales guidance to $630 mln-$660 mln

Company expects 2025 adjusted EBITDA of $82 mln-$97 mln

Douglas Dynamics forecasts 2025 adjusted EPS between $1.65 and $2.15

Result Drivers

SOLUTIONS SEGMENT - Record results driven by favorable pricing and higher municipal demand

EBITDA MARGINS - Flat margins as Solutions improvements offset lower Attachments sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$194.30 mln
$189.50 mln (3 Analysts)
Q2 Adjusted EPS
Beat
$1.14
$0.99 (3 Analysts)
Q2 Adjusted Net Income
Beat
$27.20 mln
$20.90 mln (1 Analyst)
Q2 Adjusted EBITDA
Beat
$42.60 mln
$37.40 mln (3 Analysts)
Q2 Adjusted EBITDA Margin
21.9%
Q2 Income from Operations
$37 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "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 Douglas Dynamics Inc is $32.00, about 11.5% above its August 4 closing price of $28.32

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNXkdzYN

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)