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CMCO — Columbus McKinnon News Story

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Columbus McKinnon Q2 sales up 8%, beat estimates

Overview

Columbus McKinnon fiscal Q2 sales grow 8%, beating analyst expectations

Adjusted EPS for fiscal Q2 beats consensus, reflecting strong operational performance

Company reaffirms fiscal 2026 guidance, preparing for Kito Crosby acquisition

Outlook

Company reaffirms FY26 adjusted EPS guidance to be flat to slightly up

Columbus McKinnon expects FY26 net sales to rise low-to-mid single digits

Company anticipates tariff cost neutrality by end of fiscal 2026

Result Drivers

SALES GROWTH - Driven by increased volume, price improvements, and favorable currency translation

U.S. MARKET RECOVERY - U.S. short-cycle market recovery and strong backlog execution boosted sales

EMEA CHALLENGES - Weaker macroeconomic sentiment in EMEA slowed order conversion rates

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 SalesBeat$261 mln$240.63 mln (4 Analysts)
Q2 Adjusted EPSBeat$0.62$0.53 (4 Analysts)
Q2 Net Income$4.60 mln
Q2 Adjusted EBITDABeat$37.40 mln$33.64 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 54.4% above its October 29 closing price of $15.05 The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago Press Release: ID:nPn8LmZ0ha For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)

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