Manitowoc Co Q2 Adj $0.75 Beats $0.25 Estimate, Sales $602.80M Beat $511.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
Manitowoc Co (NYSE:MTW) reported Q2 earnings of $0.75 per share, beating the analyst consensus estimate of $0.25 by 200 percent. This is a 257.14 percent increase from the same period last year. The company also reported quarterly sales of $602.80 million, beating the analyst consensus estimate of $511.22 million by 17.91 percent, a 21.24 percent increase from the same period last year.
August 07, 2023 | 8:15 pm
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Manitowoc Co's Q2 earnings and sales significantly beat analyst estimates, indicating strong performance.
Manitowoc Co's Q2 earnings and sales significantly exceeded analyst estimates, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100