Douglas Dynamics revises FY 2024 EPS forecast to $1.20-$1.60 and revenues between $570M-$600M, below analyst expectations.

Douglas Dynamics (NYSE:PLOW) has revised its FY 2024 earnings forecast, projecting an EPS of $1.20 to $1.60 and revenues between $570 million and $600 million, slightly below analysts' expectations. The company reported a Q3 profit of $32.3 million, or $1.36 per share, and announced an increased dividend of $0.295 per share. Following these updates, its stock rose to $26.06, with shares upgraded to "buy" by StockNews.com.

3 months ago
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