Latest news with #DouglasDynamics
Yahoo
4 days ago
- Automotive
- Yahoo
Douglas Dynamics's (NYSE:PLOW) Q2: Strong Sales, Guides for Strong Full-Year Sales
Snow and ice equipment company Douglas Dynamics (NYSE:PLOW) reported Q2 CY2025 results topping the market's revenue expectations , but sales fell by 2.8% year on year to $194.3 million. The company's full-year revenue guidance of $645 million at the midpoint came in 2.8% above analysts' estimates. Its non-GAAP profit of $1.14 per share was 29.5% above analysts' consensus estimates. Is now the time to buy Douglas Dynamics? Find out in our full research report. Douglas Dynamics (PLOW) Q2 CY2025 Highlights: Revenue: $194.3 million vs analyst estimates of $182.8 million (2.8% year-on-year decline, 6.3% beat) Adjusted EPS: $1.14 vs analyst estimates of $0.88 (29.5% beat) Adjusted EBITDA: $42.6 million vs analyst estimates of $33.65 million (21.9% margin, 26.6% beat) Adjusted EPS guidance for the full year is $1.90 at the midpoint, missing analyst estimates by 2.9% EBITDA guidance for the full year is $89.5 million at the midpoint, below analyst estimates of $90.55 million Operating Margin: 19%, in line with the same quarter last year Free Cash Flow was -$14.35 million, down from $1.08 million in the same quarter last year Market Capitalization: $647.8 million 'We take great pride in the fact that strong execution, unwavering dedication, and market leading innovation remain defining hallmarks of our company,' commented Mark Van Genderen, President and CEO. Company Overview Once manufacturing snowplows designed for the iconic jeep vehicle precursor, Douglas Dynamics (NYSE:PLOW) offers snow and ice equipment for the roads and sidewalks. Revenue Growth Examining a company's long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Regrettably, Douglas Dynamics's sales grew at a sluggish 3.5% compounded annual growth rate over the last five years. This fell short of our benchmark for the industrials sector and is a poor baseline for our analysis. We at StockStory place the most emphasis on long-term growth, but within industrials, a half-decade historical view may miss cycles, industry trends, or a company capitalizing on catalysts such as a new contract win or a successful product line. Douglas Dynamics's performance shows it grew in the past but relinquished its gains over the last two years, as its revenue fell by 2.7% annually. Douglas Dynamics isn't alone in its struggles as the Heavy Transportation Equipment industry experienced a cyclical downturn, with many similar businesses observing lower sales at this time. This quarter, Douglas Dynamics's revenue fell by 2.8% year on year to $194.3 million but beat Wall Street's estimates by 6.3%. Looking ahead, sell-side analysts expect revenue to grow 11.9% over the next 12 months, an improvement versus the last two years. This projection is healthy and suggests its newer products and services will fuel better top-line performance. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Operating Margin Douglas Dynamics has managed its cost base well over the last five years. It demonstrated solid profitability for an industrials business, producing an average operating margin of 10%. This result was particularly impressive because of its low gross margin, which is mostly a factor of what it sells and takes huge shifts to move meaningfully. Companies have more control over their operating margins, and it's a show of well-managed operations if they're high when gross margins are low. Analyzing the trend in its profitability, Douglas Dynamics's operating margin decreased by 3.8 percentage points over the last five years. This raises questions about the company's expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. In Q2, Douglas Dynamics generated an operating margin profit margin of 19%, in line with the same quarter last year. This indicates the company's cost structure has recently been stable. Earnings Per Share Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Douglas Dynamics's EPS grew at a decent 8.1% compounded annual growth rate over the last five years, higher than its 3.5% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. Like with revenue, we analyze EPS over a shorter period to see if we are missing a change in the business. For Douglas Dynamics, its two-year annual EPS growth of 6.2% was lower than its five-year trend. We hope its growth can accelerate in the future. In Q2, Douglas Dynamics reported adjusted EPS at $1.14, up from $1.11 in the same quarter last year. This print easily cleared analysts' estimates, and shareholders should be content with the results. Over the next 12 months, Wall Street expects Douglas Dynamics's full-year EPS of $1.86 to grow 17%. Key Takeaways from Douglas Dynamics's Q2 Results While revenue and EBITDA in the quarter beat, full-year EBITDA guidance slightly missed. Zooming out, we think this was a mixed print. The stock remained flat at $28.32 immediately following the results. Douglas Dynamics put up rock-solid earnings, but one quarter doesn't necessarily make the stock a buy. Let's see if this is a good investment. The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
San Francisco Chronicle
4 days ago
- Business
- San Francisco Chronicle
Douglas Dynamics: Q2 Earnings Snapshot
MILWAUKEE (AP) — MILWAUKEE (AP) — Douglas Dynamics Inc. (PLOW) on Monday reported net income of $26 million in its second quarter. On a per-share basis, the Milwaukee-based company said it had profit of $1.09. Earnings, adjusted for one-time gains and costs, came to $1.14 per share. The snowplow maker posted revenue of $194.3 million in the period. Douglas Dynamics expects full-year earnings in the range of $1.65 to $2.15 per share, with revenue in the range of $630 million to $660 million. _____
Yahoo
5 days ago
- Business
- Yahoo
Douglas Dynamics (PLOW) Q2 Earnings: What To Expect
Snow and ice equipment company Douglas Dynamics (NYSE:PLOW) will be reporting results this Monday after market close. Here's what to look for. Douglas Dynamics beat analysts' revenue expectations by 6.7% last quarter, reporting revenues of $115.1 million, up 20.3% year on year. It was an incredible quarter for the company, with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Is Douglas Dynamics a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Douglas Dynamics's revenue to decline 8.6% year on year to $182.8 million, a further deceleration from the 3.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.88 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Douglas Dynamics has missed Wall Street's revenue estimates three times over the last two years. Looking at Douglas Dynamics's peers in the heavy transportation equipment segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Greenbrier delivered year-on-year revenue growth of 2.7%, beating analysts' expectations by 7.3%, and PACCAR reported a revenue decline of 15.7%, topping estimates by 2.6%. Greenbrier traded up 21.1% following the results while PACCAR was also up 8.9%. Read our full analysis of Greenbrier's results here and PACCAR's results here. Investors in the heavy transportation equipment segment have had steady hands going into earnings, with share prices flat over the last month. Douglas Dynamics is down 10% during the same time and is heading into earnings with an average analyst price target of $34.33 (compared to the current share price of $27.91). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
6 days ago
- Business
- Yahoo
Douglas Dynamics (PLOW) Q2 Earnings: What To Expect
Snow and ice equipment company Douglas Dynamics (NYSE:PLOW) will be reporting results this Monday after market close. Here's what to look for. Douglas Dynamics beat analysts' revenue expectations by 6.7% last quarter, reporting revenues of $115.1 million, up 20.3% year on year. It was an incredible quarter for the company, with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Is Douglas Dynamics a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Douglas Dynamics's revenue to decline 8.6% year on year to $182.8 million, a further deceleration from the 3.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.88 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Douglas Dynamics has missed Wall Street's revenue estimates three times over the last two years. Looking at Douglas Dynamics's peers in the heavy transportation equipment segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Greenbrier delivered year-on-year revenue growth of 2.7%, beating analysts' expectations by 7.3%, and PACCAR reported a revenue decline of 15.7%, topping estimates by 2.6%. Greenbrier traded up 21.1% following the results while PACCAR was also up 8.9%. Read our full analysis of Greenbrier's results here and PACCAR's results here. Investors in the heavy transportation equipment segment have had steady hands going into earnings, with share prices flat over the last month. Douglas Dynamics is down 10% during the same time and is heading into earnings with an average analyst price target of $34.33 (compared to the current share price of $27.91). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-07-2025
- Business
- Yahoo
Douglas Dynamics Announces Second Quarter 2025 Earnings Release and Conference Call
Douglas Dynamics, Inc. MILWAUKEE, July 22, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the second quarter of 2025 after market close on Monday, August 4, 2025. A conference call will be held to discuss the financial results on Tuesday, August 5, 2025 at 9:00 a.m. Central Time and will be hosted by Mark Van Genderen, President and Chief Executive Officer and Sarah Lauber, Executive Vice President and Chief Financial Officer. The conference call will be simulcast live on the Company's website at: Alternatively, please dial (833) 634-5024 domestically, or (412) 902-4205 internationally to join the call. About Douglas Dynamics Home to the most trusted brands in the industry, Douglas Dynamics is North America's premier manufacturer and up-fitter of commercial work truck attachments and equipment. For more than 75 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively, but also enable businesses to increase profitability. Through its proprietary Douglas Dynamics Management System (DDMS), the Company is committed to continuous improvement aimed at consistently producing the highest quality products, at industry-leading levels of service and delivery that ultimately drive shareholder value. The Douglas Dynamics portfolio of products and services is separated into two segments: First, the Work Truck Attachments segment, which includes commercial snow and ice control equipment sold under the FISHER®, SNOWEX® and WESTERN® brands. Second, the Work Truck Solutions segment, which includes the up-fit of market leading attachments and storage solutions under the HENDERSON® brand, and the DEJANA® brand and its related sub-brands. CONTACT Douglas Dynamics, Inc. Nathan Elwell Vice President of Investor Relations 847-530-0249 investorrelations@
