On Monday, Manitowoc Co MTW will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Wall Street analysts see Manitowoc Co reporting earnings of 23 cents per share on sales of $455.81 million.
Manitowoc Co's loss in the same period a year ago was 5 cents. Quarterly sales came in at $394.6 million. The Wall Street estimate would represent a 360 percent increase in the company's earnings. Revenue would be up 15.51 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | -0.19 | -0.05 | -0.02 | -0.04 |
| EPS Actual | -0.12 | -0.15 | 0.09 | 0.05 |
Stock Performance
Over the last 52-week period, shares are down 8.41 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Manitowoc Co stock is a Neutral. The strength of this rating has risen over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
