Columbus McKinnon: Q1 Earnings Insights - Columbus McKinnon (NASDAQ:CMCO)

Columbus McKinnon CMCO reported its Q1 earnings results on Thursday, July 28, 2022 at 06:55 AM.

Here's what investors need to know about the announcement.

Columbus McKinnon beat estimated earnings by 16.95%, reporting an EPS of $0.69 versus an estimate of $0.59.

Revenue was up $6.82 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 3.88% drop in the share price the next day.

Here's a look at Columbus McKinnon's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.79	0.54	0.75	0.43
EPS Actual	0.79	0.60	0.74	0.69
Revenue Estimate	235.35M	219.74M	228.66M	215.19M
Revenue Actual	253.37M	216.09M	223.63M	213.46M

To track all earnings releases for Columbus McKinnon visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.