Douglas Dynamics: 2Q Earnings Snapshot
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.