NYSE$PLOW

Douglas Dynamics Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Douglas Dynamics reported strong fourth quarter results, concluding a challenging year and positioning the company for long-term success.

Douglas Dynamics reported strong fourth quarter results, driven by the team's performance in a challenging year. The company remains optimistic about improved conditions and performance in 2021, while acknowledging the unpredictable economic environment and potential for pandemic disruption.

  • The company is pleased with team's performance, driving strong fourth quarter results.
  • The company is realistic regarding the unpredictable economic environment and potential for additional pandemic disruption.
  • The company remains optimistic about the potential for improved conditions and performance in 2021.
  • The company is confident it will exit the pandemic stronger than it entered it.

Headline financials

Total Revenue

$158M

Previous: $160M-1.3%
EPS (adj)

$0.78

Previous: $0.72+8.3%
Capital Expenditures

$14.7M

No prior period
Free Cash Flow

$65.8M

No prior period
Net Income

$10M

Previous: $14.6M-31.6%
Operating Income

$18.5M

Previous: $21.2M-12.7%
Gross Profit

$47.8M

Previous: $46.3M+3.1%
Cash & Equivalents

$46.9M

Previous: $35.7M+31.4%
Total Assets

$579M

Previous: $706M-17.9%
Stock-Based Comp

$62K

Previous: $178K-65.2%

Revenue & EPS history

Douglas Dynamics · Revenue · Quarterly

$158M

Q4 2020-1.3%vs Q4 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Douglas Dynamics · $144M total across 2 segments · Q4 2020

  • Work Truck Attachments
    $105M+5.7%
  • Work Truck Solutions
    $39.3M-16.5%

Forward guidance

2021 will still present challenges, especially in the first half of the year, driven by a number of external factors. If the economic environment and pandemic conditions stabilize and continue to slowly improve, the company feels confident it can improve upon its 2020 results and position itself to meet its long-term profitable growth objectives.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+1.4%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+0.5%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+17.5%

Q2 2016

Best reaction

-16.1%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+14.0%+1.8%+0.3%
Q4 2025+7.0%+7.7%-0.4%
Q3 2025+0.3%+3.6%+8.4%
Q1 2025+4.7%+11.7%+12.8%
Q4 2024+4.3%+4.8%-8.1%
Q3 2024-10.5%-10.5%-0.1%
Q2 2024+17.1%+6.1%+5.6%
Q1 2024+1.2%+5.2%+8.3%
Q4 2023+7.0%+2.5%+1.8%
Q3 2023-3.2%-2.8%+3.6%
Q2 2023+8.1%+4.5%-1.5%
Q1 2023-7.5%-5.4%-3.6%
Q4 2022-1.0%-4.7%-21.4%
Q3 2022+10.4%+9.9%+13.8%
Q2 2022-0.7%+4.5%-8.7%
Q1 2022-1.4%-0.6%+1.6%
Q4 2021-1.7%-0.4%-6.9%
Q3 2021-3.0%+3.2%-7.2%
Q2 2021-3.6%+2.8%-1.2%
Q1 2021+0.1%-0.2%-1.9%
Q4 2020+4.2%+1.0%-6.0%
Q3 2020-0.0%+5.2%+15.0%
Q2 2020+7.4%+11.6%+16.9%
Q1 2020-7.1%-7.3%+7.1%
Q4 2019-2.6%-16.8%-40.1%
Q3 2019+1.5%+8.3%+11.5%
Q2 2019+8.5%+10.1%+4.1%
Q1 2019-5.5%-4.2%-3.8%
Q4 2018+3.2%+10.1%-3.2%
Q3 2018-11.6%-13.6%-19.6%
Q2 2018-3.9%-8.0%-0.4%
Q1 2018+5.8%+6.4%+14.2%
Q4 2017+16.7%+13.9%+13.7%
Q3 2017-3.1%-5.2%-7.4%
Q2 2017+11.5%+9.6%+14.4%
Q1 2017-5.2%-8.3%-4.1%
Q4 2016-1.8%-9.1%-7.4%
Q3 2016-16.1%-16.1%+1.1%
Q2 2016+17.5%+18.8%+19.7%
Q1 2016-4.8%
Q4 2015+4.3%
Q3 2015+7.3%
Q2 2015+13.8%
Q1 2015-4.6%
Q4 2014-4.4%
Q3 2014+1.3%
Q2 2014+7.1%
Q1 2014+0.2%
Q4 2013+3.6%
Q3 2013-0.3%
Q2 2013-3.5%
Q1 2013+1.5%
Q4 2012-1.3%
Q3 2012-1.4%
Q2 2012+2.7%
Q1 2011-5.1%
Q1 2012+0.7%
Q4 2009+2.1%
Q4 2011+2.1%
Q3 2010-2.6%
Q3 2011-2.6%
Q2 2010+5.4%
Q2 2011+5.4%
Q4 2010+5.4%
Q1 2010+0.4%

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