ADVERTISEMENT

Alamo Group: Q4 Earnings Snapshot

February 25, 2022 GMT

SEGUIN, Texas (AP) _ Alamo Group Inc. (ALG) on Thursday reported fourth-quarter profit of $19.2 million.

On a per-share basis, the Seguin, Texas-based company said it had profit of $1.62.

The maker of road maintenance, industrial and farm equipment posted revenue of $337.2 million in the period.

For the year, the company reported profit of $80.2 million, or $6.75 per share. Revenue was reported as $1.33 billion.

Alamo Group shares have fallen almost 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $134.57, a drop of 16% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALG at https://www.zacks.com/ap/ALG