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Market Overview

Manitowoc Co: Q4 Earnings Insights

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Shares of Manitowoc Co (NYSE:MTW) moved lower in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share fell 45.71% over the past year to $0.19, which beat the estimate of $0.09.

Revenue of $430,300,000 decreased by 7.14% from the same period last year, which missed the estimate of $435,760,000.

Outlook

Manitowoc Co hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Technicals

52-week high: $16.01

Company's 52-week low was at $7.24

Price action over last quarter: Up 69.82%

Company Profile

Manitowoc Co Inc is a provider of engineered lifting solutions. The company through its subsidiaries designs, manufactures, markets, and supports comprehensive product lines of mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as the Grove, Manitowoc, National Crane, Potain, Shuttlelift and Manitowoc Crane Care. The company has three reportable segments namely, the Americas segment, Europe and Africa segment and Middle East and Asia Pacific segment. The firm's customer base consists of dealers, rental companies, contractors, and government entities, across the petrochemical, industrial, commercial construction, power and utilities, infrastructure and residential construction end markets.

 

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Posted-In: BZI-RecapsEarnings