Alamo Group reports Q1 EPS 2.64, consensus $2.21

Reports Q1 revenue $391M, consensus $391.07M. Jeff Leonard, Alamo Group’s (ALG) President and Chief Executive Officer commented, “The Company’s first quarter results reflected another strong performance from our Industrial Equipment Division and notable performance improvement in our Vegetation Management Division. First quarter sales were in line with our expectations with Industrial Equipment Division sales up nearly 13% and Vegetation Management sales almost 27% lower than the first quarter of 2024. We were pleased that while consolidated net sales were down 8.1% compared to the first quarter of 2024, they were modestly higher sequentially.”