Columbus McKinnon: Q3 Earnings Insights

Columbus McKinnon CMCO reported its Q3 earnings results on Thursday, January 27, 2022 at 06:30 AM.

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

Columbus McKinnon beat estimated earnings by 11.11%, reporting an EPS of $0.6 versus an estimate of $0.54, which surprised analysts.

Revenue was up $49.54 million from the same period last year.

Last quarter the company missed on EPS by $0.01, which was followed by a 3.25% drop in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.75	0.43	0.51	0.16
EPS Actual	0.74	0.69	0.50	0.26
Revenue Estimate	228.66M	215.19M	182.40M	156.73M
Revenue Actual	223.63M	213.46M	186.24M	166.55M

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

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