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Alamo Group (ALG)
NYSE:ALG
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.29Last Year’s EPS
2.67Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -0.33%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment. The Industrial Equipment division showed strong growth and cost reduction initiatives are expected to yield significant savings. However, the Vegetation Management division experienced a significant decline in sales, impacting overall revenue and net income. The company remains optimistic about future growth, supported by improved cash flow, debt reduction, and dividend increase.Company Guidance
During the Alamo Group's fourth-quarter 2024 earnings call, management provided guidance for 2025, highlighting several key metrics and strategic initiatives. The Industrial Equipment division, which experienced an 11% increase in net sales to $225.5 million, is expected to maintain strong performance, with mid-single-digit organic sales growth anticipated. The division's operating margin improved slightly to 12.4%, and the company aims to reach a 15% operating margin by the end of 2025. Conversely, the Vegetation Management division faced challenges, reporting a 25.5% decline in net sales to $159.8 million. However, sequential order improvements suggest potential recovery, with sales expected to show modest growth in the second half of 2025. The company is executing cost reduction initiatives, targeting $25 million to $30 million in annualized savings, primarily in the Vegetation Management division. These efforts are anticipated to enhance operating margins, which were 8.9% in Q4 2024, with an overall goal of exceeding 10% in 2025. Additionally, Alamo Group is exploring inorganic growth opportunities, with a robust M&A pipeline supported by a strong balance sheet, having reduced total debt by $160.2 million or 87.3% year-over-year.Industrial Equipment Division Growth
Net sales for the Industrial Equipment division grew by 11% in Q4 2024 compared to the same period in 2023, with strong sales in snow removal equipment.
Cost Reduction Initiatives
The company executed significant cost reduction actions in 2024, resulting in a workforce reduction of approximately 14% and expected annual savings of $25 to $30 million.
Improved Cash Flow and Debt Reduction
Operating cash flow increased by 60% to $209.8 million in 2024, and total debt was reduced by $160.2 million, improving the debt position by 87.3%.
Dividend Increase
The board approved a 15% increase in the quarterly dividend, reflecting confidence in the company's financial stability.
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ALG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $184.26 | $174.98 | -5.04% |
| Oct 31, 2024 | $169.26 | $187.17 | +10.58% |
| Jul 31, 2024 | $192.12 | $184.20 | -4.12% |
| May 02, 2024 | $194.34 | $193.08 | -0.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Alamo Group (ALG) report earnings?
Alamo Group (ALG) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Alamo Group (ALG) earnings time?
Alamo Group (ALG) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALG EPS forecast?
ALG EPS forecast for the fiscal quarter 2025 (Q1) is 2.29.
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