Alamo Group Announces 2016 Second Quarter Results

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Go back to Alamo Group Announces 2016 Second Quarter Results

Piper Jaffray Remains Bullish on Alamo Group (ALG) Following Soft 2Q

August 8, 2016 8:32 AM EDT

Piper Jaffray reiterated an Overweight rating on Alamo Group (NYSE: ALG), and raised the price target to $70.00 (from $68.00), following the company's 2Q earnings report. Revenue of $212M fell below Street expectations, and EPS of $0.92 was below the Street at $1.00.

Analyst Brett Wong... More

Alamo Group (ALG) Misses Q2 EPS by 8c

August 4, 2016 5:08 PM EDT

Alamo Group (NYSE: ALG) reported Q2 EPS of $0.92, $0.08 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $211.5 million versus the consensus estimate of $219.15 million.

For earnings history and earnings-related data on Alamo Group (ALG) click here.

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