Douglas Dynamics Inc reports results for the quarter ended in September 30 - Earnings Summary

Douglas Dynamics

29/10/2024 02:27

* Douglas Dynamics Inc  PLOW.N  reported quarterly adjusted
earnings of 24 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 25 cents.  The mean expectation of
three analysts for the quarter was for earnings of 21 cents per
share. Wall Street expected results to range from 18 cents to 23
cents per share.
    * Revenue fell 10.2% to $129.40 million from a year ago;
analysts
expected $141.20 million. 
    * Douglas Dynamics Inc's reported EPS for the quarter was
$1.36​.
    * The company reported quarterly net income of $32.26
million.
    * Douglas Dynamics Inc shares had fallen by 7.0% this
quarter and
lost 13.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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  "hold."

Wall Street's median 12-month price target for Douglas Dynamics
Inc is 38.00 
This summary was machine generated from LSEG data October 29 at
02:27 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.21           0.24           Beat
 Jun. 30 2024      0.66           1.11           Beat
 Mar. 31 2024      -0.30          -0.29          Beat
 Dec. 31 2023      0.59           0.19           Missed