Douglas Dynamics (PLOW) Tops Q3 EPS by 17c; Guides Above the Street

Douglas Dynamics (NYSE: PLOW) reported Q3 EPS of $0.47, $0.17 better than the analyst estimate of $0.30. Revenue for the quarter came in at $78.8 million versus the consensus estimate of $69.8 million.

Douglas Dynamics sees FY2014 EPS of $1.40-$1.75, versus the consensus of $1.25. Douglas Dynamics sees FY2014 revenue of $265-295 million, versus the consensus of $256.7 million.

James L. Janik, Chairman, President, and Chief Executive Officer of the Company commented, "So far, 2014 has exceeded our internal expectations with strong financial performance reflecting a favorable market environment, strength across our portfolio, and successful execution of our strategy. During the quarter, we achieved record profitability, which is a testament to our relentless drive to improve efficiency and productivity through our manufacturing operations. We are focused on refining every one of our business processes, which will allow us to increase cash flow and invest in future growth opportunities to drive long-term shareholder value."

For earnings history and earnings-related data on Douglas Dynamics (PLOW) click here.

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