Manitex International Inc expected to post a loss of 2 cents a share - Earnings Preview

Manitex International

02/11/2021 02:01

* Manitex International Inc  MNTX.OQ   MNTX.O  is expected
to show a rise in quarterly revenue when it reports  results on
November 3 (estimated). 
* The Bridgeview, Illinois-based company is expected to report 
a 36.6% increase in revenue to $49.8 million from $36.47 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
​* Refinitiv's mean analyst estimate for Manitex International
Inc is for a loss of 2 cents per share. For the same quarter
last year, the company reported a loss of 5 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Manitex
International Inc is $9.25​, about 27.6% above​ its last closing
price of $6.70. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.02        0.02       0.11      Beat    450
 Mar. 312021   -0.01       -0.01      -0.01     Met     0
 Dec. 312020   -0.03       -0.03      -0.07     Missed  -133.3
                                                        ​
 Sep. 302020   -0.01       -0.01      -0.05     Missed  -400
 ​​Jun.        -0.07       -0.07      -0.08     Missed  -14.3
 302020                                                 
 Mar. 312020   -0.02       -0.02      0.08      Beat    500​
 Dec. 312019               0.02       0.04      Beat    166.7
 Sep. 302019   0.09        0.09       0.00      Missed  -100
 This summary was machine generated November 2 at 02:00 GMT.  All
figures in US dollars unless otherwise stated