On Thursday 31st October 2024, Alamo Group (NYSE: ALG) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
In accordance with the forecasts of financial specialists on Wall Street, the firm is primed to announce an anticipated $2.44 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $404.3 million for this particular period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $2.91. This figure was a result of the company's total revenue, which reached an impressive $419.64 million during that specific period.
Wall street analysts expect the company to generate a total revenue of $1.66 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $9.97 per share for the fiscal year.
In addition, The firm will review the third quarter financial results on 1st November 2024 at 10:00 AM eastern time, in a conference call with public.
Alamo Group (ALG) closed Tuesday's regular trading session at $173.46, showing a 0.4 percent decline. During the day, ALG shares traded between $172.01 and $173.48, with a day volume of 45.40 thousand shares.
