Alamo Group (NYSE: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.
