Columbus McKinnon Corp expected to post earnings of 59  cents a share - Earnings Preview

Columbus McKinnon

26/07/2022 19:35

* Columbus McKinnon Corp  CMCO.OQ   CMCO.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 28. 
    * The Getzville New York-based  company is expected to
report  a
6.3% increase in revenue to $226.853 million from $213.46
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 59 cents per share. For the same quarter last
year, the company reported earnings of 69 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $46.5​, above​ its last closing price of $31.06. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.79        0.79       0.79      Met     0.3
 Dec. 31 2022  0.55        0.54       0.60      Beat    10.3
 Sep. 30 2021  0.76        0.75       0.74      Missed  -0.7​
 Jun. 30 2021  0.45        0.43       0.69      Beat    61.4
 ​​Mar.        0.58        0.51       0.50      Missed  -2.4
 31 2021                                                
 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
 This summary was machine generated July 26 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated