Douglas Dynamics Reports First Quarter 2021 Results
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Douglas Dynamics (PLOW) Tops Q1 EPS by 22c, Revenues Beat; Reaffirms FY21 EPS/Revenues Guidance
May 3, 2021 5:03 PM EDTDouglas Dynamics (NYSE: PLOW) reported Q1 EPS of $0.04, $0.22 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $103.3 million versus the consensus estimate of $77.1 million.
First Quarter 2021 Highlights:
Delivered Net Sales of $103.3 MillionGross Profit Margin increased by 830 basis points compared to last yearRecorded Net Income of $0.7 million, or $0.03 of Diluted EPSAdjusted EBITDA was $10.7 million, compared to $(1.7) million in 1Q20Reiterated 2021 guidancePaid $0.285 per share cash dividend on March 31, 2021Both... More
