For the quarter ended September 2024, The Manitowoc Firm, Inc. (MTW) reported income of $524.8 million, up 0.8% over the identical interval final yr. EPS got here in at -$0.08, in comparison with $0.22 within the year-ago quarter.
The reported income represents a shock of +0.73% over the Zacks Consensus Estimate of $520.98 million. With the consensus EPS estimate being $0.10, the EPS shock was -180.00%.
Whereas buyers carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher mission a inventory’s value efficiency.
Right here is how The Manitowoc Firm carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Web Gross sales- Americas: $287.10 million versus the two-analyst common estimate of $306.17 million. The reported quantity represents a year-over-year change of +3.7%.
- Web Gross sales- MEAP: $110.90 million versus $76.43 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +18.6% change.
- Web Gross sales- EURAF: $126.80 million in comparison with the $138.39 million common estimate primarily based on two analysts. The reported quantity represents a change of -15.8% yr over yr.
View all Key Company Metrics for The Manitowoc Company here>>>
Shares of The Manitowoc Firm have returned +9.2% over the previous month versus the Zacks S&P 500 composite’s +1% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
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The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
