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

Douglas Dynamics

31/10/2023 24:00

* Douglas Dynamics Inc  PLOW.N  reported quarterly adjusted
earnings of 25 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 47 cents per share.
    * Revenue fell 13.2% to $144.10 million from a year ago;
analysts
expected $162.83 million. 
    * Douglas Dynamics Inc's reported EPS for the quarter was 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 18.9%
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 fallen by 7.3% this
quarter and
lost 22.6% so far this year.
    * The company reported quarterly net income of $5.79
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
October 31 at 12:00 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.47           0.25           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