Alamo Group Q4 EPS $2.63 Misses $2.68 Estimate, Sales $417.54M Miss $419.42M Estimate
Portfolio Pulse from Happy Mohamed
Alamo Group (NYSE:ALG) reported Q4 earnings of $2.63 per share, missing the consensus estimate of $2.68, and sales of $417.54M, slightly below the estimate of $419.42M. Despite the misses, both earnings and sales showed an increase from the previous year.
February 22, 2024 | 9:16 pm
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NEUTRAL IMPACT
Alamo Group reported Q4 earnings and sales that slightly missed analyst estimates but showed growth from the previous year.
Although Alamo Group missed the analyst estimates for both earnings per share and sales, the increases from the previous year indicate underlying strength. The slight miss may not significantly impact investor sentiment as the growth rates are positive.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100