Douglas Dynamics Announces Third Quarter 2016 Results

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Go back to Douglas Dynamics Announces Third Quarter 2016 Results

Douglas Dynamics (PLOW) Misses Q3 EPS by 9c; Reiterates Outlook

November 1, 2016 8:20 AM EDT

Douglas Dynamics (NYSE: PLOW) reported Q3 EPS of $0.32, $0.09 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $123.6 million versus the consensus estimate of $131.9 million.

GUIDANCE:

Douglas Dynamics reiterates FY2016 EPS of $1.36-$1.79, versus the consensus of $1.49. Douglas Dynamics sees FY2016 revenue of $395-450 million, versus the consensus of $428.83 million.

James L. Janik, Chairman, President, and Chief Executive Officer explained, This was a very important quarter in our Companys... More