Alamo Group Q3 2023 EPS $2.91 Up From $2.16 YoY, Revenue $419.644M Beats $401.520M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alamo Group's Q3 2023 earnings per share (EPS) increased to $2.91 from $2.16 year-over-year. The company's revenue of $419.644 million also surpassed the estimate of $401.520 million.
November 02, 2023 | 8:48 pm
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POSITIVE IMPACT
Alamo Group reported a YoY increase in Q3 2023 EPS and beat revenue estimates, which could positively impact its stock.
Alamo Group's Q3 2023 earnings report shows an increase in EPS and revenue beating estimates. This positive financial performance is likely to boost investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100