Recap: Alamo Group Q2 Earnings

Alamo Group ALG reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Alamo Group beat estimated earnings by 21.94%, reporting an EPS of $2.39 versus an estimate of $1.96.

Revenue was up $48.66 million from the same period last year.

Last quarter the company missed on EPS by $0.08 which was followed by a 6.21% drop in the share price the next day.

Here's a look at Alamo Group's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.71	1.60	2.05	1.57
EPS Actual	1.63	1.62	1.59	1.97
Revenue Estimate	340.30M	327.40M	340.83M	311.83M
Revenue Actual	362.00M	337.17M	338.31M	347.55M

To track all earnings releases for Alamo Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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