Columbus McKinnon (NASDAQ:CMCO – Get Free Report) is scheduled to be releasing its earnings data before the market opens on Wednesday, October 30th. Analysts expect Columbus McKinnon to post earnings of $0.69 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
Columbus McKinnon (NASDAQ:CMCO – Get Free Report) last posted its quarterly earnings data on Wednesday, July 31st. The industrial products company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. The company had revenue of $239.73 million during the quarter, compared to analysts’ expectations of $241.25 million. Columbus McKinnon had a return on equity of 9.50% and a net margin of 4.52%. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the firm earned $0.62 EPS. On average, analysts expect Columbus McKinnon to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Columbus McKinnon Price Performance
Columbus McKinnon stock opened at $32.44 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.07 and a quick ratio of 1.20. The business has a 50 day simple moving average of $33.31 and a 200-day simple moving average of $36.53. Columbus McKinnon has a 12 month low of $29.26 and a 12 month high of $45.84. The stock has a market capitalization of $936.19 million, a PE ratio of 20.02 and a beta of 1.17.
Columbus McKinnon Announces Dividend
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of Columbus McKinnon from a “buy” rating to a “hold” rating in a report on Friday, August 2nd.
View Our Latest Research Report on Columbus McKinnon
About Columbus McKinnon
Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual, battery, electric, and air hoists; steel, rack, and pinion jacks; winches, hydraulic jacks and tools, trolleys and its clamps, and lifting tables; skates and heavy load moving systems; material handling equipment; mobile, workplace, and jib cranes; crane components and kits; and below-the-hook lifting devices, lifting slings, and lashing systems.
Recommended Stories
- Five stocks we like better than Columbus McKinnon
- Where to Find Earnings Call Transcripts
- Amazon: Why Analysts Think It’s A Solid Buy Ahead Of Earnings
- 5 Top Rated Dividend Stocks to Consider
- NextEra’s Diverse Business Is Set to Win As Energy Demand Rises
- How Can Investors Benefit From After-Hours Trading
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
Receive News & Ratings for Columbus McKinnon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbus McKinnon and related companies with MarketBeat.com's FREE daily email newsletter.