Manitowoc Company Inc expected to post earnings of 4  cents a share - Earnings Preview

Manitowoc

30/04/2022 03:07

* Manitowoc Company Inc  MTW.N   MTW  is expected to show a
rise
in quarterly revenue when it reports  results on May 3. 
    * The Milwaukee Wisconsin-based  company is expected to
report  a
24.5% increase in revenue to $441.178 million from $354.3
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Manitowoc Company
Inc is
for earnings of 4 cents per share. For the same quarter last
year, the company reported a loss of 6 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"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 $18​, above​ its last closing price of $13.24. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.03       0.03       0.27      Beat    934.5
 Sep. 30 2021  0.08        0.11       0.06      Missed  -43.7
 Jun. 30 2021  0.13        0.09       0.60      Beat    544.5​
 Mar. 31 2021  -0.01       -0.01      -0.06     Missed  -685.3
 ​​Dec.        0.11        0.09       0.19      Beat    113.5
 31 2020                                                
 Sep. 30 2020  -0.29       -0.29      0.10      Beat    134.2​
 Jun. 30 2020  -0.60       -0.58      -0.47     Beat    18.7
 Mar. 31 2020  -0.07       -0.04      -0.18     Missed  -372.7
 This summary was machine generated April 30 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated