Douglas Dynamics (PLOW) Reports Earnings Tomorrow: What To Expect
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Douglas Dynamics (PLOW) will announce earnings results on Monday. Last quarter, it reported revenues of $162.1 million, a 25.3% year-on-year increase, but missed revenue expectations. This quarter, analysts expect an 18.4% revenue growth. Despite past misses, analysts have reaffirmed their estimates. In the heavy transportation equipment sector, peers have shown mixed results, with positive investor sentiment leading to a 15.3% increase in Douglas Dynamics' share price recently. The average analyst price target is $38.75, while the current share price is $42.80.
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