Columbus McKinnon (CMCO) Q4 Earnings Surpass Estimates

Columbus McKinnon shares have lost about 52.3% since the beginning of the year versus the S&P 500's gain of 0.7%. Columbus McKinnon (CMCO) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.45%. A quarter ago, it was expected that this maker of materials handling products and systems ...