Manitowoc (NYSE: MTW) unveils its next round of
earnings Thursday. Get prepared with Benzinga's ultimate preview for Manitowoc's Q4 earnings.
Earnings and Revenue
Wall Street analysts see Manitowoc reporting a quarterly loss of 5 cents per share on sales of $422.7 million.
Manitowoc reported a per-share loss of 23 cents per sharewhen it published results during the same quarter last year. Sales in
that period totaled $378.2 million. If the company were to report inline when it publishes results Thursday, revenue would be up
11.78 percent on a year-over-year basis. Here's how the Manitowoc's reported EPS has stacked up against analyst estimates in the
past:
| Quarter |
Q3 2017 |
Q2 2017 |
Q1 2017 |
| EPS Estimate |
-0.02 |
-0.04 |
-0.16 |
| EPS Actual |
0.09 |
0.05 |
-0.17 |
Q4 EPS Estimate: -5 cents per share
Q4 Revenues Estimate: $422 million
Stock Performance
Shares of Manitowoc were trading around $36. Over the last 52-week period, shares are up 38.48 percent. Given that these returns
are generally positive, long-term shareholders are probably happy going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral
rating with Manitowoc. The strength of this rating has maintained conviction over the past three months.
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