Recap: Alamo Group Q2 Earnings

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Alamo Group ALG reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Alamo Group beat estimated earnings by 21.94%, reporting an EPS of $2.39 versus an estimate of $1.96.

Revenue was up $48.66 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 6.21% drop in the share price the next day.

Here's a look at Alamo Group's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.71 1.60 2.05 1.57
EPS Actual 1.63 1.62 1.59 1.97
Revenue Estimate 340.30M 327.40M 340.83M 311.83M
Revenue Actual 362.00M 337.17M 338.31M 347.55M

To track all earnings releases for Alamo Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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