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

Manitowoc

02/05/2023 23:01

* Manitowoc Company Inc  MTW.N  reported quarterly adjusted
earnings of 46 cents​​ per share for the quarter ended in March.
The mean expectation of eleven analysts for the quarter was
for earnings of 15 cents per share.
    * Revenue rose 10.7% to $508.30 million from a year ago;
analysts
expected $477.30 million. 
    * Manitowoc Company Inc's reported EPS for the quarter was
46
cents​.
    * The mean earnings estimate of analysts had risen by
about 20.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Manitowoc Company Inc shares had fallen by 5.1% this
quarter and
gained 77.0% so far this year.
    * The company reported quarterly net income of $16.5
million.
    * Wall Street's median 12-month price target for Manitowoc
Company
Inc is $17.00 
    * 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 LSEG Refinitiv data May
2 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.15           0.46           Beat
 Dec. 31 2022      0.26           0.74           Beat
 Sep. 30 2022      0.09           0.10           Beat
 Jun. 30 2022      0.32           0.21           Missed