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

Manitowoc

04/05/2022 01:49

* Manitowoc Company Inc  MTW.N  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in March.
The mean expectation of eleven analysts for the quarter was
for earnings of 4 cents per share.
    * Revenue rose 29.6% to $459.00 million from a year ago; 
analysts
expected $441.18 million. 
    * Manitowoc Company Inc's reported EPS for the quarter was 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 12.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Manitowoc Company Inc shares had fallen by 8.9% this
quarter and
lost 26.1% so far this year.
    * The company reported quarterly net income of $3.1 million.
    * Wall Street's median 12-month price target for Manitowoc
Company
Inc is $18.00 
    * 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 May 4 at 12:49 a.m.  ​All
figures in US dollars unless otherwise stated