Columbus McKinnon Q4 Adj EPS $0.80 Beats $0.74 Estimate, Sales $253.80M Beat $249.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
Columbus McKinnon reported Q4 adjusted earnings of $0.80 per share, beating the analyst consensus estimate of $0.74 by 8.11%. Quarterly sales were $253.80 million, surpassing the estimate of $249.78 million by 1.61%.
May 25, 2023 | 10:31 am
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Columbus McKinnon's Q4 earnings and sales beat analyst estimates, with earnings of $0.80 per share and sales of $253.80 million.
Columbus McKinnon's Q4 earnings and sales exceeded analyst estimates, which is generally a positive signal for the stock. The 8.11% beat on earnings and 1.61% beat on sales indicate strong performance, which could lead to a short-term increase in the stock price.
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