Manitex (MNTX) Tops Q1 Earnings and Revenue Estimates

Manitex (MNTX) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 240%. A quarter ago, it was expected that this maker of forklifts, cranes and other lifting vehicles would post earnings of $0.12 per share when it actually produced earnings of $0.31, delivering a surprise of 158.33%.Over ...