Manitowoc(MTW)

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International Markets and The Manitowoc Company (MTW): A Deep Dive for Investors
Zacks Investment Research· 2024-05-10 13:31
Have you assessed how the international operations of The Manitowoc Company, Inc. (MTW) performed in the quarter ended March 2024? For this company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For inv ...
Compared to Estimates, The Manitowoc Company (MTW) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-05-09 14:36
The Manitowoc Company, Inc. (MTW) reported $495.1 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.6%. EPS of $0.14 for the same period compares to $0.46 a year ago.The reported revenue represents a surprise of +1.15% over the Zacks Consensus Estimate of $489.48 million. With the consensus EPS estimate being $0.19, the EPS surprise was -26.32%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectatio ...
Manitowoc(MTW) - 2024 Q1 - Quarterly Report
2024-05-08 20:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-11978 The Manitowoc Company, Inc. (Exact Name of Registrant as Specified in its Charter) | Wisconsin | 39-0448110 | | --- | --- | ...
Manitowoc (MTW) Q1 Earnings Miss Estimates, Revenues Dip Y/Y
Zacks Investment Research· 2024-05-08 18:21
The Manitowoc Company, Inc. (MTW) reported adjusted earnings per share (EPS) of 14 cents in first-quarter 2024, missing the Zacks Consensus Estimate of 19 cents. The bottom line marked a decline from earnings of 46 cents in the year-ago quarter.Including one-time items, the company reported an EPS of 12 cents in the quarter compared with the prior-year quarter’s 46 cents.Manitowoc’s revenues fell 2.6% year over year to $495 million in the quarter under review. The top line beat the Zacks Consensus Estimate ...
Manitowoc(MTW) - 2024 Q1 - Earnings Call Transcript
2024-05-08 17:17
The Manitowoc Company, Inc. (NYSE:MTW) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Ion Warner - SVP, Marketing and IR Aaron Ravenscroft - President and CEO Brian Regan - EVP and CFO Conference Call Participants Clay Nelson - Goldman Sachs Mircea Dobre - Baird Stephen Volkmann - Jefferies Tami Zakaria - JPMorgan Clifford Ransom - Ransom Research Operator Good morning, ladies and gentlemen. My name is Abby and I will be your conference operator today. At this time I would lik ...
Manitowoc(MTW) - 2024 Q1 - Earnings Call Presentation
2024-05-08 15:33
May 8, 2024 Any statements contained in this presentation that are not historical facts are "forward-looking statements." These statements are based on the current expectations of the management of the Company, and are subject to uncertainty and changes in circumstances. Non-GAAP Measures First-Quarter 2024 Earnings Conference Call Safe Harbor Statement There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking ...
The Manitowoc Company, Inc. (MTW) Q1 Earnings Miss Estimates
Zacks Investment Research· 2024-05-07 23:20
The Manitowoc Company, Inc. (MTW) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -26.32%. A quarter ago, it was expected that this company would post earnings of $0.19 per share when it actually produced earnings of $0.09, delivering a surprise of -52.63%.Over the last four quarters, ...
Manitowoc(MTW) - 2024 Q1 - Quarterly Results
2024-05-07 20:18
Exhibit 99.1 The Manitowoc Company Reports First-Quarter 2024 Financial Results First-Quarter 2024 Highlights MILWAUKEE, Wis. - The Manitowoc Company, Inc. (NYSE: MTW) (the "Company" or "Manitowoc") today reported first-quarter net income of $4.5 million, or $0.12 per diluted share. First-quarter adjusted net income (1) was $5.1 million, or $0.14 per diluted share. Net sales in the first quarter decreased 2.6% year-over-year to $495.1 million. First-quarter adjusted EBITDA (1) was $31.3 million, a decrease ...
Manitowoc(MTW) - 2023 Q4 - Annual Report
2024-02-23 22:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Table of Contents ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Washington, D.C. 20549 FORM 10-K (Address of principal executive offices) (Zip Code) For the fiscal year ended December 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 1-11978 The Manitowoc Company, Inc. (Exact name of registrant as specified in ...
Manitowoc(MTW) - 2023 Q4 - Earnings Call Transcript
2024-02-15 20:16
The Manitowoc Company, Inc. (NYSE:MTW) Q4 2023 Earnings Conference Call February 15, 2024 10:00 AM ET Company Participants Ion Warner - senior Vice President-Marketing and Investor Relations Aaron Ravenscroft - President and Chief Executive Officer Brian Regan - Executive Vice President and Chief Financial Officer Conference Call Participants Larry Stavitski - Wells Fargo Operator Good morning. My name is Krista and I'll be your conference operator today. At this time, I would like to welcome everyone to th ...