The Manitowoc Company, Inc. (MTW) Reports Q1 Loss, Lags Revenue Estimates

The Manitowoc Company, Inc. (MTW) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -60%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.10, delivering a surprise of -28.57%.Over the last four quarters, the co ...