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MTW Manitowoc News Story

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Manitowoc Company Inc expected to post earnings of 23 cents a share - Earnings Preview

* Manitowoc Company Inc  MTW.N   MTW  is expected to show a
fall
in quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The Milwaukee Wisconsin-based  company is expected to
report a
6.1% decrease in revenue to $583.888 million from $621.6 million
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Manitowoc Company Inc is
for
earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"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 $17.00​, above​ its last closing price of $16.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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​
 Dec. 31 2022  0.26        0.26       0.74      Beat    182.5
 ​​Sep.        0.08        0.09       0.10      Beat    9.3
 30 2022                                                
 Jun. 30 2022  0.29        0.32       0.21      Missed  -33.8​
 Mar. 31 2022  0.01        0.04       0.03      Missed  -16.5
 Dec. 31 2021  -0.03       0.03       0.27      Beat    934.5
 This summary was machine generated February 12 at 21:28 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)

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