Manitowoc Company Inc expected to post earnings of 18 cents a share - Earnings Preview
04/05/2024 03:25
* Manitowoc Company Inc MTW.N MTW is expected to show a
fall
in quarterly revenue when it reports results on May 7 for the
period ending March 31 2024
* The Milwaukee Wisconsin-based company is expected to
report a
2.6% decrease in revenue to $494.898 million from $508.3 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for Manitowoc Company Inc is
for
earnings of 18 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 2 "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 Manitowoc
Company
Inc is $16.50, above its last closing price of $12.43.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.24 0.23 0.09 Missed -61.2
Sep. 30 2023 0.05 0.06 0.22 Beat 273.5
Jun. 30 2023 0.31 0.31 0.75 Beat 139.5
Mar. 31 2023 0.15 0.15 0.46 Beat 211
Jan. 0.26 0.26 0.74 Beat 182.5
1 0001
Sep. 30 2022 0.08 0.09 0.10 Beat 9.3
Jan. 1 0001 0.29 0.32 0.21 Missed -33.8
Mar. 31 2022 0.01 0.04 0.03 Missed -16.5
This summary was machine generated May 4 at 02:25 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)