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Columbus McKinnon: Q4 Earnings Insights

Columbus McKinnon (NASDAQ:CMCO) reported its Q4 earnings results on Thursday, May 25, 2023 at 06:30 AM. Here’s what…
byBenzinga Insights
May 25, 2023
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Columbus McKinnon (NASDAQ:CMCO) reported its Q4 earnings results on Thursday, May 25, 2023 at 06:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Columbus McKinnon beat estimated earnings by 8.11%, reporting an EPS of $0.8 versus an estimate of $0.74.

Revenue was up $475 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 2.48% increase in the share price the next day.

Here’s a look at Columbus McKinnon’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.61 0.73 0.59 0.79
EPS Actual 0.72 0.73 0.69 0.79
Revenue Estimate 228.49M 236.34M 226.85M 235.35M
Revenue Actual 230.37M 231.74M 220.29M 253.37M

To track all earnings releases for Columbus McKinnon visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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