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

Columbus McKinnon

01/02/2023 14:32

* Columbus McKinnon Corp  CMCO.OQ  reported quarterly
adjusted
earnings of 72 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 61 cents per share.
    * Revenue rose 6.6% to $230.37 million from a year ago;
analysts
expected $228.49 million. 
    * Columbus McKinnon Corp's reported EPS for the quarter was
42
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Columbus McKinnon Corp shares had risen by 10.7% this
quarter.
    * The company reported quarterly net income of $12.03
million.
    * Wall Street's median 12-month price target for Columbus
McKinnon
Corp is $37.00 
    * 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." 

This summary was machine generated from Refinitiv data February
1 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.61           0.72           Beat
 Sep. 30 2022      0.73           0.73           Met
 Jun. 30 2022      0.60           0.69           Beat
 Mar. 31 2022      0.79           0.79           Met