Manitex (MNTX) Tops Q2 Earnings and Revenue Estimates

Manitex (MNTX) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this maker of forklifts, cranes and other lifting vehicles would post earnings of $0.05 per share when it actually produced earnings of $0.17, delivering a surprise of 240%. Over ...