Columbus McKinnon Corp expected to post earnings of 73cents a share - Earnings Preview

Columbus McKinnon

25/10/2022 19:31

* Columbus McKinnon Corp  CMCO.OQ   CMCO.O  is expected
to show a
rise in quarterly revenue when it reports  results on October
27. 
    * The Getzville New York-based  company is expected to
report  a
5.7% increase in revenue to $236.344 million from $223.64
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
July 28 2022, for the period ended September 30, was for revenue
between $230.00 million and $240.00 million.
    * ​Refinitiv's mean analyst estimate for Columbus McKinnon
Corp is
for earnings of 73 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 had risen by
about 1.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Columbus
McKinnon
Corp is $42​, above​ its last closing price of $25.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.76        0.75       0.74      Missed  -0.7
 ​​Jun.        0.45        0.43       0.69      Beat    61.4
 30 2021                                                
 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
 This summary was machine generated October 25 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated