Douglas Dynamics (PLOW) Tops Q1 EPS by 8c, Maintains FY15 Outlook

Douglas Dynamics (NYSE: PLOW) reported Q1 EPS of $0.01, $0.08 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $53.9 million versus the consensus estimate of $44.7 million.

Outlook

Based on first quarter 2015 results, dealer sentiment, and industry trends, the Company is reiterating its 2015 outlook. The Company expects net sales for the full year 2015 to range from $320 million to $380 million and Adjusted EBITDA to range from $60 million to $90 million. Earnings per share are expected to range from $0.80 per share to $1.45 per share.

Mr. Janik explained, "We remain confident that 2015 will be another strong year following our record performance in 2014. We will continue to drive profitability across the business and leverage DDMS to increase value for shareholders. We are particularly encouraged by our new innovative line-up of produ

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