Alamo Group will report its second-quarter earnings after the market closes on Monday. The company beat revenue expectations last quarter with $417.1 million, up 6.7% year on year, and also exceeded EBITDA and EPS estimates. Analysts expect revenue to grow 4.4% year on year this quarter, though Alamo has missed revenue estimates multiple times over the past two years. Peers Lindsay and AGCO have already reported Q2 results, with Lindsay's revenue down 5.1% and AGCO's flat, both missing expectations. Alamo shares are down 6.9% over the last month, heading into earnings with an average analyst price target of $209.80 compared to the current share price of $159.08.
AGCO Corporation
Lindsay CorporationAlamo Group IncAlamo Group reports Q2 earnings after close; past beats and current expectations set the stage.