Columbus McKinnon (CMCO) Shares Surge 8%

Shares of Columbus McKinnon Corporation CMCO closed Thursday trading up 8.03% at $17.23 per share. Volume of 97,482 shares was in line with the daily average volume of 94,711 shares. The day's trading range for shares of Columbus McKinnon Corporation was between $15.52 and $17.25 per share. Earlier on Thursday morning, Columbus McKinnon Corporation announced that it beat consensus Wall Street earnings estimates, when it reported earnings of 10 cents per share. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for Columbus McKinnon Corporation to report earnings of 6 cents per share.