Douglas Dynamics Q3 adjusted EPS $0.98 vs. IBES estimate $0.92
PLOW•Douglas Dynamics reported Q3 adjusted EPS of $0.98, above the IBES estimate of $0.92. Adjusted EBITDA was $37.9 million, adjusted net income was $23.3 million, and sales were $218 million.
1. Quarterly results
Douglas Dynamics reported Q3 adjusted EBITDA of $37.9 million, compared with an IBES estimate of $36.8 million. Income from operations was $31.3 million, and adjusted EBITDA margin was 17.4%; sales of $218 million were below the $218.6 million estimate.
