Douglas Dynamics, Inc. (NYSE:PLOW) is set to announce second quarter earning results on Monday 3rd August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, PLOW to report 2Q20 income of $ 0.20 per share from revenue of $ 111.27 million.
For the full year, analysts anticipate top line of $ 470.33 million, while looking forward to income of $ 1.01 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 530.00 million ~ $ 590.00 million, where as bottomline are predicted in a range of $ 1.95 ~ $ 2.75 per share
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Previous Quarter Performance
Douglas Dynamics, Inc. communicated loss for the first quarter of $ 0.34 per share, from the revenue of $ 68.19 million. The quarterly revenues down 26.83 percent compared with the same quarter last year. Wall street analysts are predicting, PLOW to report 1Q20 loss of $ 0.09 per share from revenue of $ 81.93 million. The bottom line results missed street analysts by $ 0.25 or 277.78 percent, at the same time, top line results fell short of analysts by $ 13.74 million or 16.77 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of PLOW was $ 35.35, representing a 46.56 % increase from the 52 week low of $ 24.12 and a 37.86 % decrease over the 52 week high of $ 56.89.
The company has a market capital of $ 808.01 million and is part of the Consumer Cyclical sector and Auto Parts industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.28 per share on June 4, 2020. The dividend were payable on June 30, 2020 to holders of record as of the close of business on June 19, 2020 and ex-dividend date on June 18, 2020.
Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment primarily in North America. It operates in two segments, Work Truck Attachments and Work Truck Solutions.