Skip to main content

Market Overview

A Preview Of Alamo Group's Earnings

Share:

On Wednesday, May 1, Alamo Group (NYSE: ALG) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Wall Street analysts see Alamo Group reporting earnings of $1.36 per share on sales of $250.11 million.

In the same quarter last year, Alamo Group reported EPS of $1.19 on revenue of $238 million. The Wall Street consensus estimate for earnings would represent a 14.29 percent increase for the company. Revenue would be up 5.05 percent from the year-ago period. Alamo Group's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q4 2018 Q3 2018 Q2 2018 Q1 2018 Q4 2017
EPS Estimate 1.3 1.75 1.4 1.47 1.04
EPS Actual 1.38 1.75 1.6 1.19 1.15

Stock Performance

Shares of Alamo Group were trading at $103.64 as of May 1. Over the last 52-week period, shares are down 5.96 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Alamo Group stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

 

Related Articles (ALG)

View Comments and Join the Discussion!

Posted-In: Earnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com