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

Columbus McKinnon

25/05/2023 14:31

* Columbus McKinnon Corp  CMCO.OQ  reported quarterly
adjusted
earnings of 80 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 74 cents per share.
    * Revenue rose 0.2% to $253.84 million from a year ago;
analysts
expected $249.78 million. 
    * Columbus McKinnon Corp's reported EPS for the quarter was
48
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Columbus McKinnon Corp shares had fallen by 3.9% this
quarter and gained 9.9% so far this year.
    * The company reported quarterly net income of $13.9
million.
    * Wall Street's median 12-month price target for Columbus
McKinnon
Corp is $43.50 
    * 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 LSEG Refinitiv data May
25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.74           0.80           Beat
 Dec. 31 2022      0.61           0.72           Beat
 Sep. 30 2022      0.73           0.73           Met
 Jun. 30 2022      0.60           0.69           Beat