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What Alamo Group (ALG) Said on Its Q3 Earnings Call
MarketBeat· 2026-11-04 04:15
Alamo Group NYSE: ALG reported mixed third-quarter results for 2026, with lower consolidated sales and adjusted earnings compared with a year earlier, while its Vegetation Management Division improved profitability and its Industrial Equipment Division posted strong order growth.Net sales declined 4% year over year to $403.1 million, including a $7.3 million reduction related to divestiture activities. Adjusted diluted earnings per share were $2.06, compared with $2.34 in the prior-year quarter, while adjus ...