)
Overview
<ul>
<li>Industrial equipment maker’s Q4 net sales fell 3%, missing analyst expectations</li>
<li>Q4 adjusted EPS was $1.70</li>
</ul>
Outlook
<ul>
<li>Company did not provide specific financial guidance for future periods</li>
</ul>
Result Drivers
<ul>
<li>INDUSTRIAL EQUIPMENT GROWTH - Co reported strong growth in Industrial Equipment Division driven by Excavator, Vacuum Truck, and Sweepers businesses</li>
<li>VEGETATION MANAGEMENT CHALLENGES - Weak demand in tree care, agriculture, and municipal mowing impacted Vegetation Management Division Company press release:</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Net Miss $373.7 $399.61
Sales mln mln (4
Analysts
)
Q4 EPS Miss $1.28 $2.12 (4
Analysts
)
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 2 “strong buy” or “buy”, 1 “hold” and no “sell” or “strong sell”</li>
<li>The average consensus recommendation for the heavy machinery &amp; vehicles peer group is “buy”</li>
<li>Wall Street’s median 12-month price target for Alamo Group Inc is $218.00, about 2.1% above its February 27 closing price of $213.53</li>
<li>The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 14 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</li>
</ul>

Alamo Group Q4 net sales falls