Columbus McKinnon Q4 sales beat estimates on Kito Crosby Acquisition

Columbus McKinnon

04/06/2026 11:42

Overview
U.S. material handling equipment maker's fiscal Q4 sales rose 77%, beating analyst expectations
Adjusted EPS for fiscal Q4 missed analyst expectations
Company posted large net loss due to goodwill impairment and acquisition-related costs

Outlook
Company sees FY27 net sales between $2.05 bln and $2.12 bln
Company expects FY27 adjusted EBITDA of $390 mln to $410 mln
Company forecasts FY27 adjusted EPS of $1.70 to $1.90

Result Drivers
KITO CROSBY ACQUISITION - Q4 sales and order growth were primarily driven by the Kito Crosby Acquisition, which added $188 mln to quarterly sales
HIGHER INTEREST AND SHARE COUNT - Adjusted EPS declined, with the company citing incremental interest expense related to the Kito Crosby Acquisition and the inclusion of additional shares from convertible preferred stock
POSITIVE FX AND PRICING - Sales outside the U.S. benefited from positive foreign exchange impact and pricing gains

Company press release: ID:nPn4fXQKFa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$437.80 mln
$370.16 mln (4 Analysts)
Q4 Adjusted EPS
Miss
$0.24
$0.45 (4 Analysts)
Q4 Net Income
 
-$238.10 mln
 
Q4 Adjusted EBITDA
Slight Beat*
$68.70 mln
$68.37 mln (4 Analysts)
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 $29.00, about 87% above its June 3 closing price of $15.51
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago

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.)