Manitowoc Earnings Preview

Manitowoc MTW unveils its next round of earnings Thursday. Get prepared with Benzinga's ultimate preview for Manitowoc's Q4 earnings.

Earnings and Revenue

Wall Street analysts see Manitowoc reporting a quarterly loss of 5 cents per share on sales of $422.7 million.

Manitowoc reported a per-share loss of 23 cents per sharewhen it published results during the same quarter last year. Sales in that period totaled $378.2 million. If the company were to report inline when it publishes results Thursday, revenue would be up 11.78 percent on a year-over-year basis. Here's how the Manitowoc's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017
EPS Estimate -0.02 -0.04 -0.16
EPS Actual 0.09 0.05 -0.17

 

Q4 EPS Estimate: -5 cents per share
Q4 Revenues Estimate: $422 million

Stock Performance

Shares of Manitowoc were trading around $36. Over the last 52-week period, shares are up 38.48 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Manitowoc. The strength of this rating has maintained conviction over the past three months.

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