Manitowoc Company Inc reports results for the quarter ended June 30 - Earnings Summary
Manitowoc Company Inc reports results for the quarter ended June 30 - Earnings Summary
Manitowoc Company Inc MTW.N reported quarterly adjusted earnings of 46 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of two analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 6 cents to 16 cents per share.
Revenue rose 10.3% to $594.90 million from a year ago; analysts expected $564.20 million.
Manitowoc Company Inc's reported EPS for the quarter was 39 cents.
The company reported quarterly net income of $14.2 million.
Manitowoc Company Inc shares had risen by 2.6% this quarter and gained 18.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," no "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."
Wall Street's median 12-month price target for Manitowoc Company Inc is $10.50, about 35.3% below its last closing price of $14.21
This summary was machine generated from LSEG data August 6 at 09:00 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 |
Jun. 30 2026 | 0.11 | 0.46 | Beat |
Mar. 31 2026 | 0.04 | -0.13 | Missed |
Dec. 31 2025 | 0.27 | 0.26 | Missed |
Sep. 30 2025 | 0.00 | 0.14 | Beat |
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