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MTW Manitowoc News Story

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Manitowoc Company Inc expected to post earnings of 6 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 October 30 for
the period ending September 30 2024
    * The Milwaukee Wisconsin-based  company is expected to
report a
0.8% decrease in revenue to $516.493 million from $520.9 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Manitowoc Company Inc is
for
earnings 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," 3
"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 $12.50​, above​ its last closing price of $10.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.46        0.49       0.25      Missed  -48.5
 Jan. 1 0001   0.17        0.18       0.14      Missed  -22.3
 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.        0.31        0.31       0.75      Beat    139.5
 30 2023                                                
 Mar. 31 2023  0.15        0.15       0.46      Beat    211​
 Jan. 1 0001   0.26        0.26       0.74      Beat    182.5
 Sep. 30 2022  0.08        0.09       0.10      Beat    9.3
 This summary was machine generated October 29 at 03:03 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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