Alamo Group: Q2 Earnings Snapshot
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SEGUIN, Texas (AP) — SEGUIN, Texas (AP) — Alamo Group Inc. (ALG) on Wednesday reported second-quarter profit of $36.4 million.
On a per-share basis, the Seguin, Texas-based company said it had profit of $3.03.
The maker of road maintenance, industrial and farm equipment posted revenue of $440.7 million in the period.
Alamo Group shares have increased 38% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $194.70, a rise of 53% 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
