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Douglas Dynamics: Q1 Earnings Snapshot

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.

صاحب‌خبر -

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

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