Douglas Dynamics Inc reports results for the quarter ended September 30 - Earnings Summary

• Douglas Dynamics Inc PLOW reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of three analysts for the quarter was for earnings of 40 cents per share. Wall Street expected results to range from 31 cents to 53 cents per share.

• Revenue rose 25.3% to $162.12 million from a year ago; analysts expected $163.26 million.

• Douglas Dynamics Inc's reported EPS for the quarter was 33 cents​.

• The company reported quarterly net income of $7.96 million.

• Douglas Dynamics Inc shares had fallen by 3.3% this quarter and gained 27.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is also "buy"

• Wall Street's median 12-month price target for Douglas Dynamics Inc is $38.50, about 22.9% above its last closing price of $29.69

This summary was machine generated from LSEG data November 3 at 11:44 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)