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<p><strong>Columbus McKinnon</strong> <span class="ticker"
                data-ticker="CMCO"
                data-exchange="NASDAQ"
                style="display: inline-block;">CMCO</span> is set to give its latest quarterly earnings report on Wednesday, 2024-01-31. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that Columbus McKinnon will report an <strong>earnings per share</strong> (EPS) of $0.68. </p>
<p>Columbus McKinnon bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company beat EPS by $0.06, which was followed by a 4.68% increase in the share price the next day.</p>
<p>Here's a look at Columbus McKinnon's past performance and the resulting price change:</p>
<p><table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.70</td>
<td>0.62</td>
<td>0.74</td>
<td>0.61</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.76</td>
<td>0.62</td>
<td>0.80</td>
<td>0.72</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>4.68%</td>
<td>0.51%</td>
<td>2.22%</td>
<td>2.48%</td>
</tr>
</tbody>
</table></p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1706630491_0.png" alt="eps graph" /></p>

<h3>Stock Performance</h3>
<p>Shares of Columbus McKinnon were trading at $38.66 as of January 29. Over the last 52-week period, shares are up 0.52%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/CMCO/earnings"><strong>To track all earnings releases for Columbus McKinnon visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>

Earnings

Columbus McKinnon's Earnings Outlook - Columbus McKinnon (NASDAQ:CMCO)

Benzinga Insights

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