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

Columbus McKinnon

28/07/2022 14:31

* Columbus McKinnon Corp  CMCO.OQ  reported quarterly
adjusted
earnings of 69 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 60 cents per share.
    * Revenue rose 3.2% to $220.29 million from a year ago;
analysts
expected $227.31 million. 
    * Columbus McKinnon Corp's reported EPS for the quarter was
29
cents​.
    * The mean earnings estimate of analysts had fallen by
about 24.9%
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 13.0% this
quarter and lost 30.7% so far this year.
    * The company reported quarterly net income of $8.39
million.
    * Wall Street's median 12-month price target for Columbus
McKinnon
Corp is $48.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.60           0.69           Beat
 Mar. 31 2022      0.79           0.79           Met
 Dec. 31 2021      0.54           0.60           Beat
 Sep. 30 2021      0.75           0.74           Missed