Alamo Group Falls on Lower 4Q Revenue

Dow Jones

Mar 03

By Elias Schisgall

Shares of Alamo Group fell after the company reported lower revenue in the fourth quarter, citing weakness in end markets for the company's Vegetation Management Division.

Shares were down 5.9% to $205.65 in after-hours trading after closing at $218.47. At close, the stock was up 24% over the past 12 months.

The industrial and agricultural equipment manufacturer on Monday posted a profit of $15.5 million, or $1.28 a share, compared with a profit of $28.1 million, or $2.33 a share, a year earlier.

Stripping out certain one-time items, the company reported earnings of $1.70 a share. Analysts polled by FactSet were expecting $2.12 a share.

Net sales fell to $373.7 million, down from $385.3 million a year prior. Analysts were expecting net sales of $402.8 million.

Sales in the Vegetation Management Division fell 13% to $138.7 million, while sales in the Industrial Equipment Division rose 4.2% to $234.9 million.

Chief Executive Officer Robert Hureau said the company's end markets for its Vegetation Management Division have been impacted by low housing demand and crop prices, higher interest rates, and macroeconomic uncertainty.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

March 02, 2026 17:46 ET (22:46 GMT)

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At close, the stock was up 24% over the past 12 months. \n\n\n  The industrial and agricultural equipment manufacturer on Monday posted a profit of $15.5 million, or $1.28 a share, compared with a profit of $28.1 million, or $2.33 a share, a year earlier. \n\n\n  Stripping out certain one-time items, the company reported earnings of $1.70 a share. Analysts polled by FactSet were expecting $2.12 a share. \n\n\n  Net sales fell to $373.7 million, down from $385.3 million a year prior. 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