Columbus McKinnon Corp expected to post earnings of 51  cents a share - Earnings Preview

Columbus McKinnon

24/05/2021 13:32

* Columbus McKinnon Corp  CMCO.OQ   CMCO.O  is expected to show
a fall in quarterly revenue when it reports results on May 26 .
* The Getzville, New York-based company is expected to report 
 a 3.7% decrease in revenue to $182.404 million from $189.49
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 51 cents per share. For the same quarter last
year, the company reported earnings of 58 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 was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Columbus
McKinnon Corp is $65.5​, about 20% above​ its last closing price
of $52.43. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.46        0.47       0.58      Beat    24.7
 Dec.          0.59​       0.59       0.64      Beat    8.2​
 31​ 2019​                                              
 Sep. 30 2019  0.67        0.69       0.74      Beat    7.9​
 Jun. 30 2019  0.79        0.78       0.81      Beat    4.5
 Mar. 31 2019  0.63        0.61       0.69      Beat    13.5
 This summary was machine generated May 24 at 12:32 GMT.  All
figures in US dollars unless otherwise stated