Columbus McKinnon Q1 sales beat estimates on order growth; reaffirms guidance

Columbus McKinnon

30/07/2025 11:40

Overview

Columbus McKinnon fiscal Q1 net sales beat analyst expectations, despite a 1.6% decline

The material handling equipment maker's Q1 adjusted EPS beats consensus, reflecting operational resilience amid tariff impacts

Adjusted EBITDA missed analyst expectations

Outlook

Columbus McKinnon reaffirms FY26 guidance for flat to slightly up net sales

Company expects FY26 adjusted EPS to be flat to slightly up

Company anticipates $10 mln tariff impact in H1 FY26

Tariff cost neutrality expected by H2 FY26

Result Drivers

ORDER GROWTH - Sustained order growth driven by an 8% increase in project-related orders, per CEO David J. Wilson

TARIFF IMPACT - $4.2 mln tariff impact on operating profit, with $10 mln expected in first half of FY26

HEALTHY DEMAND -  Posts book-to-bill ratio of 1.1x and 23% increase in backlog year-over-year

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$235.90 mln
$230.90 mln (4 Analysts)
Q1 Adjusted EPS
Beat
$0.5
$0.47 (4 Analysts)
Q1 Net Income
-$1.90 mln
Q1 Adjusted EBITDA
Miss
$30.80 mln
$31.10 mln (3 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 $33.00, about 48.9% above its July 29 closing price of $16.86

Press Release: ID:nPn5pDhCBa

(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.)