Columbus McKinnon Q4 2024 Adj EPS $0.75 Misses $0.84 Estimate, Sales $265.504M Miss $267.353M Estimate
Portfolio Pulse from Benzinga Newsdesk
Columbus McKinnon (NASDAQ:CMCO) reported Q4 2024 adjusted EPS of $0.75, missing the analyst estimate of $0.84. Sales were $265.504 million, also missing the estimate of $267.353 million. Despite the misses, sales increased by 4.59% year-over-year.
May 29, 2024 | 10:33 am
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Columbus McKinnon reported Q4 2024 adjusted EPS of $0.75, missing the analyst estimate of $0.84. Sales were $265.504 million, also missing the estimate of $267.353 million. Despite the misses, sales increased by 4.59% year-over-year.
The company's earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the year-over-year sales increase may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100