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.

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.

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.

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