Manitowoc (MTW) Q1 Earnings Miss Estimates, Revenues Dip Y/Y
MTWManitowoc(MTW) Zacks Investment Research·2024-05-09 02:21

The Manitowoc Company, Inc. (MTW) reported adjusted earnings per share (EPS) of 14 cents in first-quarter 2024, missing the Zacks Consensus Estimate of 19 cents. The bottom line marked a decline from earnings of 46 cents in the year-ago quarter. Including one-time items, the company reported an EPS of 12 cents in the quarter compared with the prior-year quarter’s 46 cents. Manitowoc’s revenues fell 2.6% year over year to $495 million in the quarter under review. The top line beat the Zacks Consensus Estimat ...