Douglas Dynamics Q2 2024 Adj. EPS $1.11 Beats $0.66 Estimate, Sales $199.902M Beat $182.767M Estimate
Portfolio Pulse from Benzinga Newsdesk
Douglas Dynamics (NYSE:PLOW) reported Q2 2024 adjusted EPS of $1.11, significantly beating the $0.66 estimate. Sales were $199.902M, also surpassing the $182.767M estimate, despite a 3.55% decrease from the same period last year.
July 29, 2024 | 10:21 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Douglas Dynamics reported Q2 2024 adjusted EPS of $1.11, beating the $0.66 estimate by 68.18%. Sales of $199.902M also exceeded the $182.767M estimate, despite a 3.55% decrease from the same period last year.
The significant beat on both EPS and sales estimates is likely to positively impact the stock price in the short term. However, the slight year-over-year decrease in sales may temper some of the enthusiasm.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100