Alamo Group: Q4 Earnings Snapshot

Associated Press Finance
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SEGUIN, Texas (AP) — SEGUIN, Texas (AP) — Alamo Group Inc. (ALG) on Thursday reported fourth-quarter net income of $31.5 million.

The Seguin, Texas-based company said it had net income of $2.63 per share.

The maker of road maintenance, industrial and farm equipment posted revenue of $417.5 million in the period.

For the year, the company reported profit of $136.2 million, or $11.36 per share. Revenue was reported as $1.69 billion.

Alamo Group shares have climbed 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $214.32, an increase of 33% 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

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