Douglas Dynamics Inc reports results for the quarter ended in June - Earnings Summary

Douglas Dynamics

01/08/2023 24:00

* Douglas Dynamics Inc  PLOW.N  reported quarterly adjusted
earnings of $1.11​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was
for earnings of 89 cents per share.
    * Revenue rose 10.5% to $207.27 million from a year ago;
analysts
expected $193.73 million. 
    * Douglas Dynamics Inc's reported EPS for the quarter was
$1.01​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Douglas Dynamics Inc shares had risen by 2.3% this
quarter and
lost 15.5% so far this year.
    * The company reported quarterly net income of $23.96
million.
    * Wall Street's median 12-month price target for Douglas
Dynamics
Inc is $46.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
31 at 11:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.89           1.11           Beat
 Mar. 31 2023      -0.13          -0.55          Missed
 Dec. 31 2022      0.49           0.52           Beat
 Sep. 30 2022      0.46           0.57           Beat