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

Columbus McKinnon

27/10/2022 14:33

* Columbus McKinnon Corp  CMCO.OQ  reported quarterly
adjusted
earnings of 73 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 73 cents per share.
    * Revenue rose 3.6% to $231.74 million from a year ago;
analysts
expected $236.34 million. 
    * Columbus McKinnon Corp's reported EPS for the quarter was
49
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Columbus McKinnon Corp shares had risen by 6.4% this
quarter and
lost 39.8% so far this year.
    * The company reported quarterly net income of $14.11
million.
    * Wall Street's median 12-month price target for Columbus
McKinnon
Corp is $42.00 
    * 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 October
27 at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.73           0.73           Met
 Jun. 30 2022      0.60           0.69           Beat
 Mar. 31 2022      0.79           0.79           Met
 Dec. 31 2021      0.54           0.60           Beat