Reuters
2024.07.27 00:17
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Douglas Dynamics Incexpected to post earnings of 66 cents a share - Earnings Preview

Douglas Dynamics Inc is expected to report a decrease in quarterly revenue of 11.8% to $182.767 million. Analysts estimate earnings of 66 cents per share. The average analyst rating on the shares is "buy" and the median 12-month price target is $30.00. The company's previous quarterly performance shows mixed results.

  • Douglas Dynamics Inc (PLOW.N) (PLOW.K) is expected to show a fall in quarterly revenue when it reports results on July 29 for the period ending June 30 2024

  • The Milwaukee Wisconsin-based company is expected to report a 11.8% decrease in revenue to $182.767 million from $207.27 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG’s mean analyst estimate for Douglas Dynamics Inc is for earnings of 66 cents per share.

  • The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 1 “strong buy” or “buy,” 1 “hold” and no “sell” or “strong sell.”

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street’s median 12-month price target for Douglas Dynamics Inc is $30.00​, above​ its last closing price of $26.22. ​​​ Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Mar. 31 2024 -0.30 -0.30 -0.29 Beat 2.2

Dec. 31 2024 0.59 0.59 0.19 Missed -67.8

Sep. 30 2023 0.48 0.47 0.25 Missed -47.2​

Jun. 30 2023 0.89 0.89 1.11 Beat 24.3

​​Mar. -0.12 -0.13 -0.55 Missed -312.5

31 2023

Dec. 31 2022 0.47 0.49 0.52 Beat 6.8​

Jan. 1 0001 0.46 0.46 0.57 Beat 25.3

Jun. 30 2022 0.77 0.76 0.85 Beat 11.8

This summary was machine generated July 27 at 00:17 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)