Columbus McKinnon Corp expected to post earnings of 75 cents a share - Earnings Preview

Columbus McKinnon

27/10/2021 08:46

* Columbus McKinnon Corp  CMCO.OQ   CMCO.O  is expected to show
a rise in quarterly revenue when it reports results on October
28. 
* The Getzville, New York-based company is expected to report  a
44.9% increase in revenue to $228.665 million from $157.79
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 75 cents per share. For the same quarter last
year, the company reported earnings of 34 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 $64.5​, about 23.8% above​ its last closing
price of $49.16. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Sep. 30 2020  0.26        0.24       0.34      Beat    44.7
 Jun.          0.00​       0.00       0.07      Beat    4,995.
 30​ 2020​                                              1​
 Mar. 31 2020  0.46        0.47       0.58      Beat    24.7​
 Dec. 31 2019  0.59        0.59       0.64      Beat    8.2
 Sep. 30 2019  0.67        0.69       0.74      Beat    7.9
 This summary was machine generated October 27 at 07:46 GMT.  All
figures in US dollars unless otherwise stated