Manitowoc Co: Q1 Earnings Insights

Manitowoc Co MTW reported its Q1 earnings results on Tuesday, May 3, 2022 at 05:00 PM.

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

Earnings

Manitowoc Co missed estimated earnings by 25.0%, reporting an EPS of $0.03 versus an estimate of $0.04.

Revenue was up $104.70 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.24 which was followed by a 5.09% drop in the share price the next day.

Here's a look at Manitowoc Co's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.03 0.11 0.09 -0.01
EPS Actual 0.27 0.06 0.60 -0.06
Revenue Estimate 516.40M 457.17M 377.37M 338.10M
Revenue Actual 497.80M 404.50M 463.60M 354.30M

To track all earnings releases for Manitowoc Co visit their earnings calendar here.

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!