Manitowoc (MTW) Q2 Earnings Miss Estimates, '24 View Down

The Manitowoc Company, Inc. (MTW) reported adjusted earnings per share (EPS) of 25 cents in secondquarter 2024, missing the Zacks Consensus Estimate of 58 cents. The company reported an EPS of 75 cents in the year-ago quarter. Including one-time items, the company reported an EPS of 4 cents in the quarter compared with the prior-year quarter's 57 cents. Manitowoc's revenues moved down 6.8% year over year to $562 million in the quarter under review. The top line missed the Zacks Consensus Estimate of$603 mi ...