Manitex International Inc reports results for the quarter ended in June - Earnings Summary

Manitex International

03/08/2023 14:32

* Manitex International Inc  MNTX.OQ  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 6
cents per share.
    * Revenue rose 5.7% to $73.53 million from a year ago;
analysts
expected $71.00 million. 
    * Manitex International Inc's reported EPS for the quarter
was 2
cents​.
    * The mean earnings estimate of analysts had risen by
about 50% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Manitex International Inc shares had fallen by 8.6% this
quarter and gained 24.2% so far this year.
    * The company reported quarterly net income of $404
thousand.
    * Wall Street's median 12-month price target for Manitex
International Inc is $8.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.06           0.08           Beat
 Mar. 31 2023      -0.01          0.07           Beat
 Dec. 31 2022      0.07           0.10           Beat
 Sep. 30 2022      -0.07          0.05           Beat