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Market Overview

Recap: Columbus McKinnon Q3 Earnings

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Shares of Columbus McKinnon (NASDAQ:CMCO) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share were down 59.38% year over year to $0.26, which beat the estimate of $0.16.

Revenue of $166,547,000 declined by 16.46% year over year, which beat the estimate of $156,730,000.

Looking Ahead

Q4 revenue expected between $175,000,000 and $180,000,000.

How To Listen To The Conference Call

Date: Jan 28, 2021

Time: 10:00 AM

ET Webcast URL: http://public.viavid.com/player/index.php?id=142939

Price Action

52-week high: $43.82

Company's 52-week low was at $19.20

Price action over last quarter: Up 19.95%

Company Overview

Columbus McKinnon Corp is a designer, manufacturer, and marketer of motion control products, technologies, automated systems, and services that efficiently and ergonomically move, lift position, and secure materials. Its key products include hoists, crane components, actuators, rigging tools, light rail workstations, and digital power and motion control systems. Geographically, it has sales in the US, Germany, Europe, Middle East, Africa, Canada, Asia Pacific, Latin America, and others.

 

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Posted-In: BZI-RecapsEarnings