PLOW Earnings Prediction
The chart below shows how PLOW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PLOW sees a -1.05% change in stock price 10 days leading up to the earnings, and a +1.43% change 10 days following the report. On the earnings day itself, the stock moves by +0.49%. This data can give you a slight idea of what to expect for the next quarter's release.
PLOW Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
129.40M
-10.22%
-35.27%
Gross Margin
22.60%
10.41%
-24.29%
Operating Margin
2.75%
-66.67%
-84.86%
Net Margin
24.93%
520.15%
104.85%
EPS
1.34
436.00%
30.10%
No Data Available
PLOW Earnings Analysis
DOUGLAS DYNAMICS, INC. Corporation (PLOW.N) Earnings Conference Call
Positive
Operational Adaptation History: Douglas Dynamics has a 75-year history of adapting and improving our operations.
Operational Improvements Success: This was a positive quarter for the company and I'm very impressed with the operational improvements that have been made.
Adjusted EBITDA Margin: Our adjusted EBITDA margins are a respectable 19.5% on a year-to-date basis.
Cost Savings Program Impact: The 2024 cost savings program is expected to deliver $11 million to $12 million in sustainable annualized savings starting next year.
EBITDA Margin Improvement: Our adjusted EBITDA margins more than doubled to 9.5% when compared to the previous year.
Negative
Net Sales Decline: Net sales for the third quarter were $129.4 million compared to $144.1 million in the same period last year, indicating a decline.
Quarterly Adjusted Net Income: Adjusted net income for the quarter was $5.9 million, down from $6 million for the third quarter of 2023.
EBITDA Decline Analysis: Adjusted EBITDA decreased to $15.3 million when compared to $17.3 million for the third quarter of last year, driven by lower attachments volume.
Tax Rate Increase: The effective tax rate was 22.7% for the third quarter of 2024 compared to 16.4% in the same period last year, indicating a significant increase.
Preseason Shipment Ratios: The ratio of preseason shipments this year was 65-35 between the second and third quarters, which is less favorable compared to the previous year's 55-45.
PLOW FAQs
How does PLOW typically perform around its earnings report dates?
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PLOW Earning Call Sentiment
Douglas Dynamics, Inc. (PLOW) Q3 2024 Earnings Call Transcript
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PLOW.N
-1.34%Positive
The earnings call summary presents mixed signals: financial performance shows a decline in net sales but an increase in gross profit margins. The strategic alliance with John Deere and cost savings program are positives, while the Q&A highlights concerns about demand and reorder softness. The sale leaseback transaction improved leverage, but the unclear impact of market conditions and cautious dealer sentiment tempers optimism. Given the balance of positive and negative factors, the stock is likely to remain neutral in the short term.
