Benzinga | Jul 29, 2020 04:57PM EDT

Alamo Group Q2 EPS $1.10 Beats $0.81 Estimate, Sales $268.60M Miss $273.48M Estimate

Alamo Group (NYSE:ALG) reported quarterly earnings of $1.10 per share which beat the analyst consensus estimate of $0.81 by 35.8 percent. This is a 37.14 percent decrease over earnings of $1.75 per share from the same period last year. The company reported quarterly sales of $268.60 million which missed the analyst consensus estimate of $273.48 million by 1.78 percent. This is a 5.82 percent decrease over sales of $285.19 million the same period last year.