Columbus McKinnon Q3 Outlook: Revenue Growth Flat YoY, Adj. EPS Growth Flat YoY
Portfolio Pulse from Benzinga Newsdesk
Columbus McKinnon has issued guidance for Q3 FY25, expecting flat year-over-year growth in both net sales and adjusted EPS. The company anticipates $8 million in interest expense, $8 million in amortization, a 25% tax rate, and 28.9 million diluted shares outstanding.
October 30, 2024 | 10:37 am
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Columbus McKinnon expects flat year-over-year growth in net sales and adjusted EPS for Q3 FY25. The guidance includes $8 million in interest expense and amortization, a 25% tax rate, and 28.9 million diluted shares.
The guidance of flat growth in both net sales and adjusted EPS suggests no significant change in financial performance, leading to a neutral short-term impact on the stock price. The detailed financial assumptions provide clarity but do not indicate any growth catalysts.
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