Alliance Laundry: Fourth Quarter Earnings Overview

Alliance Laundry Holdings Reports Strong Fourth Quarter Results

Alliance Laundry Holdings Inc., based in Ripon, Wisconsin, announced a net profit of $20.6 million for the fourth quarter.

The company’s earnings translated to $0.10 per share, while adjusted earnings—excluding special items—were $0.24 per share.

These results exceeded the expectations of Wall Street analysts, who had forecasted earnings of $0.22 per share, according to a survey by Zacks Investment Research.

During the quarter, Alliance Laundry generated $434.9 million in revenue.

Looking at the full year, the company achieved a profit of $101.8 million, or $0.56 per share, with total revenue reaching $1.71 billion.

Since the start of the year, Alliance Laundry’s stock price has increased by 6%.