Douglas Dynamics: 4Q Earnings Snapshot

·1 min read

MILWAUKEE (AP) _ Douglas Dynamics Inc. (PLOW) on Monday reported fourth-quarter profit of $18.2 million.

The Milwaukee-based company said it had profit of 78 cents per share.

The snowplow maker posted revenue of $158.2 million in the period.

For the year, the company reported a loss of $86.6 million, or $3.81 per share, swinging to a loss in the period. Revenue was reported as $480.2 million.

Douglas Dynamics expects full-year earnings in the range of $1.20 to $2 per share, with revenue in the range of $505 million to $565 million.

Douglas Dynamics shares have increased 16% since the beginning of the year. In the final minutes of trading on Monday, shares hit $49.82, a drop of roughly 5% 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 PLOW at https://www.zacks.com/ap/PLOW