Columbus McKinnon Corp expected to post earnings of 54 cents a share - Earnings Preview

Columbus McKinnon

25/01/2022 13:42

* Columbus McKinnon Corp  CMCO.OQ   CMCO.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
27. 
    * The Getzville New York-based  company is expected to
report  a
31.9% increase in revenue to $219.744 million from $166.55
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Columbus McKinnon
Corp is
for earnings of 54 cents per share. For the same quarter last
year, the company reported earnings of 26 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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 $64​, about 27.3% above​ its last closing price
of $46.50. ​​​
    * 

This summary was machine generated January 25 at 13:42 GMT.  All
figures in US dollars  unless otherwise stated