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MTW Manitowoc News Story

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Manitowoc Company Inc expected to post earnings of 9 cents a share - Earnings Preview

* Manitowoc Company Inc  MTW.N   MTW  is expected to show a rise
in quarterly revenue when it reports results on August 5. 
* The Milwaukee, Wisconsin-based company is expected to report 
 a 15.4% increase in revenue to $379 million from $328.3 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Manitowoc Company Inc
is for earnings of 9 cents per share. For the same quarter last
year, the company reported a loss of 47 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and 1 "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 $25.5​, about 7% above​ its last closing price
of $23.72. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.01       -0.01      -0.06     Missed  -685.3
 Dec. 31 2020  0.11        0.09       0.19      Beat    113.5
 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.          -0.07​      -0.04      -0.18     Missed  -372.7
 31​ 2020​                                              ​
 Dec. 31 2019  0.30        0.29       0.35      Beat    20.8​
 Sep. 30 2019  0.35        0.34       0.54      Beat    58.8
 Jun. 30 2019  0.51        0.49       0.94      Beat    91.7
 This summary was machine generated August 4 at 02:03 GMT.  All
figures in US dollars unless otherwise stated

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