Douglas Dynamics Q1 2023 Earnings Report

Douglas Dynamics EPS Results

• Actual EPS: -$0.59
• Consensus EPS: -$0.61
• Beat/Miss: Beat by +$0.02
• One Year Ago EPS: N/A

Douglas Dynamics Revenue Results

• Actual Revenue: $82.55 million
• Expected Revenue: $82.50 million
• Beat/Miss: Beat by +$50.00 thousand
• YoY Revenue Growth: N/A

Douglas Dynamics Announcement Details

• Quarter: Q1 2023
• Date: 5/1/2023
• Time: N/A

Douglas Dynamics (NYSE:PLOW) operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the FISHER, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, BRINEXTREME, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.