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Alamo Group: 3Q Earnings Snapshot

·1 min read

SEGUIN, Texas (AP) _ Alamo Group Inc. (ALG) on Wednesday reported third-quarter earnings of $20 million.

The Seguin, Texas-based company said it had net income of $1.69 per share. Earnings, adjusted for non-recurring gains, came to $1.67 per share.

The maker of road maintenance, industrial and farm equipment posted revenue of $291.8 million in the period.

Alamo Group shares have fallen 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $118.97, a drop of almost 4% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALG at https://www.zacks.com/ap/ALG