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Manitowoc Q1 2023 Earnings Report

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$9.00 -0.35 (-3.74%)
(As of 04:10 PM ET)

Manitowoc EPS Results

Actual EPS
$0.46
Consensus EPS
$0.05
Beat/Miss
Beat by +$0.41
One Year Ago EPS
$0.03

Manitowoc Revenue Results

Actual Revenue
$508.30 million
Expected Revenue
$479.97 million
Beat/Miss
Beat by +$28.33 million
YoY Revenue Growth
+10.70%

Manitowoc Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

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Manitowoc Earnings Headlines

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About Manitowoc

Manitowoc (NYSE:MTW) provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, the Asia Pacific, and internationally. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile hydraulic cranes under the Grove, Shuttlelift, and National Crane brands; and hydraulic boom trucks under the National Crane brand. The company also provides aftermarket services, such as sale of parts and accessories, field service work, routine maintenance services, technical support, erection and decommissioning services, crane and component remanufacturing, training, and telematics services. Its crane products are used in various applications, including energy production/distribution and utilities; petrochemical and industrial; infrastructure, such as road, bridge, and airport construction; and commercial and residential construction. The company serves a range of customers, including dealers, rental companies, contractors, and government entities in the petrochemical, industrial, commercial construction, power and utilities, infrastructure, and residential construction end markets. The Manitowoc Company, Inc. was founded in 1902 and is headquartered in Milwaukee, Wisconsin.

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