Columbus McKinnon Corp expected to post earnings of 43 cents a share - Earnings Preview

Columbus McKinnon

27/07/2021 15:34

* Columbus McKinnon Corp  CMCO.OQ   CMCO.O  is expected to show
a rise in quarterly revenue when it reports results on July 29. 
* The Getzville, New York-based company is expected to report 
 a 54.7% increase in revenue to $215.189 million from $139.07
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Columbus McKinnon Corp
is for earnings of 43 cents per share. For the same quarter last
year, the company reported earnings of 7 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by
about 12.5% in the last three months. ​
* Wall Street's median 12-month price target for Columbus
McKinnon Corp is $66​, about 31.3% above​ its last closing price
of $45.34. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.58        0.51       0.50      Missed  -2.4
 Dec. 31 2020  0.16        0.16       0.26      Beat    65.5
 Sep. 30 2020  0.26        0.24       0.34      Beat    44.7​
 Jun. 30 2020  0.00        0.00       0.07      Beat    4,995.
                                                        1
 Mar.          0.46​       0.47       0.58      Beat    24.7​
 31​ 2020​                                              
 Dec. 31 2019  0.59        0.59       0.64      Beat    8.2​
 Sep. 30 2019  0.67        0.69       0.74      Beat    7.9
 Jun. 30 2019  0.79        0.78       0.81      Beat    4.5
 This summary was machine generated July 27 at 14:34 GMT.  All
figures in US dollars unless otherwise stated