Douglas Dynamics: Q1 Earnings Snapshot : vimarsana.com

Douglas Dynamics: Q1 Earnings Snapshot


Douglas Dynamics: Q1 Earnings Snapshot
May 3, 2021
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MILWAUKEE (AP) _ Douglas Dynamics Inc. (PLOW) on Monday reported first-quarter net income of $742,000, after reporting a loss in the same period a year earlier.
The Milwaukee-based company said it had profit of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 4 cents per share.
The snowplow maker posted revenue of $103.3 million in the period.
Douglas Dynamics expects full-year earnings in the range of $1.20 to $2 per share, with revenue in the range of $505 million to $565 million.
Douglas Dynamics shares have increased 5% since the beginning of the year. In the final minutes of trading on Monday, shares hit $44.94, a climb of 30% in the last 12 months.

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