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Stock impact report

Alamo Group Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions [Yahoo! Finance]

Alamo Group, Inc. (ALG) 
Last alamo group, inc. earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: alamo-group.com/investor-relations
Company Research Source: Yahoo! Finance
The company beat expectations with revenues of US$426m arriving 3.6% ahead of forecasts. Statutory earnings per share (EPS) were US$2.67, 6.8% ahead of estimates. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. View our latest analysis for Alamo Group Taking into account the latest results, Alamo Group's five analysts currently expect revenues in 2024 to be US$1.73b, approximately in line with the last 12 months. Statutory earnings per share are predicted to rise 7.3% to US$12.02. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$1.78b and earnings per share (EPS) of US$12.04 in 2024. The consensus seems maybe a little more pessimistic, trimming their revenue forec Show less Read more
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