May 4, 2022 GMT
Alamo Group: Q1 Earnings Snapshot
SEGUIN, Texas (AP) _ Alamo Group Inc. (ALG) on Wednesday reported first-quarter earnings of $18.5 million.
On a per-share basis, the Seguin, Texas-based company said it had profit of $1.55. Earnings, adjusted for non-recurring costs, were $1.63 per share.
The maker of road maintenance, industrial and farm equipment posted revenue of $362 million in the period.
Alamo Group shares have declined 12% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $129.52, a decrease of 19% 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