Columbus McKinnon Q1 sales beat on Kito Crosby acquisition boost

Columbus McKinnon

30/07/2026 11:52

Overview
U.S. intelligent motion solutions firm's fiscal Q1 sales rose 125% yr/yr, beating analyst expectations
Adjusted EPS for fiscal Q1 beat analyst expectations
Company raised FY27 sales, adjusted EBITDA, and adjusted EPS guidance after strong Q1 performance

Outlook
Columbus McKinnon raises FY27 net sales outlook to $2.09 bln-$2.15 bln
Company now sees FY27 adjusted EBITDA at $405 mln-$420 mln
Columbus McKinnon expects FY27 adjusted EPS of $1.90-$2.10

Result Drivers
KITO CROSBY ACQUISITION - Co said net sales and order growth were primarily driven by the Kito Crosby acquisition
ORGANIC GROWTH - Legacy CMCO net sales grew 12.7% on higher pricing and volume across all regions
MARGIN EXPANSION - Margin gains attributed to synergy realization from Kito Crosby acquisition and lower material costs in the quarter

Company press release: ID:nPn5zF5gra

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$531.50 mln
$501.26 mln (4 Analysts)
Q1 Adjusted EPS
Beat
$0.61
$0.27 (4 Analysts)
Q1 Net Loss
 
$88.40 mln
 
Q1 Adjusted EBITDA
Beat
$111.50 mln
$89.64 mln (4 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"
Wall Street's median 12-month price target for Columbus McKinnon Corp is $27.00, about 84.7% above its July 29 closing price of $14.62
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

Reuters Recommended Reads
July 28 - Crane Company Q2 sales rise 26%, beat estimates; outlook raised
July 28 - Illinois Tool Works raises annual profit forecast on strong industrial demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)