Alamo Group (NYSE: ALG) reported earnings on May 1. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Alamo Group beat expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue increased slightly. GAAP earnings per share grew.

Gross margins dropped, operating margins contracted, net margins were steady.

Revenue details
Alamo Group recorded revenue of $158.4 million. The three analysts polled by S&P Capital IQ looked for a top line of $154.9 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.57. The three earnings estimates compiled by S&P Capital IQ averaged $0.57 per share. GAAP EPS of $0.57 for Q1 were 1.8% higher than the prior-year quarter's $0.56 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 22.0%, 60 basis points worse than the prior-year quarter. Operating margin was 6.1%, 100 basis points worse than the prior-year quarter. Net margin was 4.4%, much about the same as the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $168.1 million. On the bottom line, the average EPS estimate is $0.76.

Next year's average estimate for revenue is $635.7 million. The average EPS estimate is $2.51.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 86 members out of 95 rating the stock outperform, and nine members rating it underperform. Among 31 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give Alamo Group a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Alamo Group is outperform, with an average price target of $41.85.

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