Alamo Group (ALG) Misses Q3 EPS by 46c

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Go back to Alamo Group (ALG) Misses Q3 EPS by 46c

Alamo Group Announces 2021 Third Quarter Results

November 3, 2021 4:15 PM EDT

SEGUIN, Texas, Nov. 3, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2021.

Highlights for the Quarter

Total company net sales of $338.3 million, up 16% Industrial Division net sales of $219.0 million, up 12% Agricultural Division net sales of $119.3 million, up 25% Income from operations of $30.0 million, down 3% Adjusted Income from operations of $31.1 million, down 2% (1)Net income of $17.5 million, or $1.47 per diluted share, down 13% Adjusted net income of $18.9 million, or $1.59 per diluted share,... More