Preview: Manitowoc Co's Earnings
Portfolio Pulse from Benzinga Insights
Manitowoc Co (NYSE:MTW) is set to release its latest quarterly earnings report on Monday, 2023-08-07. Analysts estimate an earnings per share (EPS) of $0.25. The company's past performance shows it beat EPS by $0.31 last quarter, leading to a 1.83% increase in share price the next day. Shares of Manitowoc Co were trading at $17.72 as of August 03, with a 52-week increase of 60.64%.
August 04, 2023 | 7:02 pm
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Manitowoc Co is expected to report an EPS of $0.25 in its upcoming earnings. The company's stock price increased by 1.83% the day after it beat EPS estimates last quarter.
Manitowoc Co's earnings report is a significant event that could impact its stock price. The company's past performance shows that beating EPS estimates can lead to a positive price reaction. Given the estimated EPS of $0.25 for the upcoming report, a beat could potentially result in a similar positive price reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100