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CMCO — Columbus McKinnon News Story

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Columbus McKinnon Corp reports results for the quarter ended December 31 - Earnings Summary

* Columbus McKinnon Corp  CMCO.OQ  reported quarterly
adjusted
earnings of 56 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 74 cents.  The mean expectation of five analysts
for the quarter was for earnings of 73 cents per share. Wall
Street expected results to range from 69 cents to 75 cents per
share.
    * Revenue fell 7.9% to $234.14 million from a year ago;
analysts
expected $251.68 million. 
    * Columbus McKinnon Corp's reported EPS for the quarter was
14
cents​.
    * The company reported quarterly net income of $3.96
million.
    * Columbus McKinnon Corp shares had fallen by 8.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is also "buy"

Wall Street's median 12-month price target for Columbus McKinnon
Corp is $49.00 
This summary was machine generated from LSEG data February 10 at
10:46 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.73           0.56           Missed
 Sep. 30 2024      0.70           0.70           Met
 Jun. 30 2024      0.61           0.62           Beat
 Mar. 31 2024      0.84           0.75           Missed

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