Douglas Dynamics Prelim. FY23 Adj. EPS $1.01 Vs $1.41 Est.; Revenue $568M Vs $612.7M Est.
Portfolio Pulse from Benzinga Newsdesk
Douglas Dynamics reported preliminary FY23 adjusted earnings per share (EPS) of $1.01, which is below the estimated $1.41. Revenue was also lower at $568 million compared to the estimated $612.7 million.
January 30, 2024 | 1:34 pm
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Douglas Dynamics (PLOW) reported lower-than-expected preliminary FY23 financial results, with both adjusted EPS and revenue missing estimates.
Douglas Dynamics' reported earnings and revenue are significantly below analysts' expectations, which is likely to negatively impact investor sentiment and the stock price in the short term.
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