Benzinga | Aug 4, 2021 05:31PM EDT

Alamo Group Q2 Adj. EPS $1.97 Beats $1.57 Estimate, Sales $347.55M Beat $311.83M Estimate

Alamo Group (NYSE:ALG) reported quarterly earnings of $1.97 per share which beat the analyst consensus estimate of $1.57 by 25.48 percent. This is a 85.85 percent increase over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $347.55 million which beat the analyst consensus estimate of $311.83 million by 11.45 percent. This is a 29.38 percent increase over sales of $268.63 million the same period last year.