(RTTNews) – Douglas Dynamics, Inc. (PLOW) reported earnings for third quarter that Decreased from last year but beat the Street estimates.
The company’s bottom line totaled $7.96 million, or $0.33 per share. This compares with $32.26 million, or $1.36 per share, last year.
Excluding items, Douglas Dynamics, Inc. reported adjusted earnings of $9.52 million or $0.40 per share for the period.
Analysts on average had expected the company to earn $0.39 per share. Analysts’ estimates typically exclude special items.
The company’s revenue for the period rose 25.3% to $162.12 million from $129.40 million last year.
Douglas Dynamics, Inc. earnings at a glance (GAAP) :
-Earnings: $7.96 Mln. vs. $32.26 Mln. last year.
-EPS: $0.33 vs. $1.36 last year.
-Revenue: $162.12 Mln vs. $129.40 Mln last year.
The company updated FY25 Revenue guidance to $635 Mln – $660 Mln from $630 Mln – $660 Mln.
The company also updated FY25 EPS guidance to $1.85 – $2.25 from prior guidance of $1.65 – $2.15.
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