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Manitowoc Company Inc reports results for the quarter ended December 31 - Earnings Summary

* Manitowoc Company Inc  MTW.N  reported quarterly adjusted
earnings of 10 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 9 cents.  The mean expectation of six analysts
for the quarter was for earnings of 12 cents per share. Wall
Street expected results to range from 6 cents to 16 cents per
share.
    * Revenue rose 0% to $596.00 million from a year ago;
analysts
expected $603.14 million. 
    * Manitowoc Company Inc's reported EPS for the quarter was
$1.59​.
    * The company reported quarterly net income of $56.7
million.
    * Manitowoc Company Inc shares had risen by 9.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the heavy
machinery &
vehicles peer group is also "hold"

Wall Street's median 12-month price target for Manitowoc Company
Inc is $11.50 
This summary was machine generated from LSEG data February 12 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.12           0.10           Missed
 Sep. 30 2024      0.06           -0.08          Missed
 Jun. 30 2024      0.49           0.25           Missed
 Mar. 31 2024      0.18           0.14           Missed

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