SEGUIN, Texas (AP) — SEGUIN, Texas (AP) — Alamo Group Inc. (ALG) on Thursday reported third-quarter earnings of $27.4 million.
The Seguin, Texas-based company said it had profit of $2.28 per share. Earnings, adjusted for non-recurring costs, came to $2.38 per share.
The maker of road maintenance, industrial and farm equipment posted revenue of $401.3 million in the period.
Alamo Group shares have fallen 19% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $169.54, an increase of roughly 6% 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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