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

Manitowoc Company Inc MTW.N reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 14 cents.  The mean expectation of five analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -15 cents to 7 cents per share.

Revenue fell 4.9% to $470.90 million from a year ago; analysts expected $484.98 million.

Manitowoc Company Inc's reported EPS for the quarter was a loss of 18 cents​.

The company reported a quarterly loss of $6.3 million.

Manitowoc Company Inc shares had fallen by 1.6% this quarter and lost 7.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 234.3% 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "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 $9.00

This summary was machine generated from LSEG data May 6 at 09:02 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.09-0.16Missed
Dec. 31 20240.120.10Missed
Sep. 30 20240.06-0.08Missed
Jun. 30 20240.490.25Missed

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