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Douglas Dynamics: 2Q Earnings Snapshot

August 5, 2019

MILWAUKEE (AP) _ Douglas Dynamics Inc. (PLOW) on Monday reported second-quarter earnings of $25.5 million.

On a per-share basis, the Milwaukee-based company said it had profit of $1.10. Earnings, adjusted for one-time gains and costs, came to $1.14 per share.

The snowplow maker posted revenue of $176.4 million in the period.

Douglas Dynamics expects full-year earnings in the range of $2 to $2.40 per share, with revenue in the range of $520 million to $560 million.

Douglas Dynamics shares have increased nearly 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $38.37, a drop of 18% in the last 12 months.


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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