Douglas Dynamics Inc reports results for the quarter ended March 31 - Earnings Summary

• Douglas Dynamics Inc PLOW.N reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of three analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -16 cents to 7 cents per share.

• Revenue rose 20.3% to $115.07 million from a year ago; analysts expected $107.80 million.

• Douglas Dynamics Inc's reported EPS for the quarter was breakeven results​.

• The company reported quarterly net income of $148 thousand.

• Douglas Dynamics Inc shares had risen by 5.6% this quarter and gained 3.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 325.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the heavy machinery & vehicles peer group is "hold."

• Wall Street's median 12-month price target for Douglas Dynamics Inc is $32.00

This summary was machine generated from LSEG data May 5 at 11:25 p.m. UTC. ​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)