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

Manitowoc

20/02/2023 22:48

* Manitowoc Company Inc  MTW.N  reported quarterly adjusted
earnings of 74 cents​​ per share for the quarter ended in
December. The mean expectation of eleven analysts for the
quarter was for earnings of 26 cents per share.
    * Revenue rose 24.9% to $621.60 million from a year ago;
analysts
expected $565.76 million. 
    * Manitowoc Company Inc's reported EPS for the quarter was a
loss
of $4.10​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Manitowoc Company Inc shares had risen by 56.8% this
quarter.
    * The company reported a quarterly loss of $144.1 million.
    * Wall Street's median 12-month price target for Manitowoc
Company
Inc is $11.00 
    * 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." 

This summary was machine generated from Refinitiv data February
20 at 10:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.26           0.74           Beat
 Sep. 30 2022      0.09           0.10           Beat
 Jun. 30 2022      0.32           0.21           Missed
 Mar. 31 2022      0.04           0.03           Missed