Columbus McKinnon Corp expected to post earnings of 61cents a share - Earnings Preview

Columbus McKinnon

30/01/2023 15:02

* Columbus McKinnon Corp  CMCO.OQ   CMCO.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
1. 
    * The Getzville New York-based  company is expected to
report  a
5.7% increase in revenue to $228.488 million from $216.09
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
October 27 2022, for the period ended December 31, was for
revenue between $225.00 million and $235.00 million.
    * ​Refinitiv's mean analyst estimate for Columbus McKinnon
Corp is
for earnings of 61 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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 $37​, above​ its last closing price of $35.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.72        0.73       0.73      Met     0.6
 Jun. 30 2022  0.60        0.60       0.69      Beat    15.8
 Mar. 31 2022  0.79        0.79       0.79      Met     0.3​
 Dec. 31 2021  0.55        0.54       0.60      Beat    10.3
 ​​Sep.        0.76        0.75       0.74      Missed  -0.7
 30 2021                                                
 Jun. 30 2021  0.45        0.43       0.69      Beat    61.4​
 Mar. 31 2021  0.58        0.51       0.50      Missed  -2.4
 Dec. 31 2020  0.16        0.16       0.26      Beat    65.5
 This summary was machine generated January 30 at 15:02 GMT.  All
figures in US dollars  unless otherwise stated