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Columbus McKinnon Q4 2023 Earnings Report

Columbus McKinnon logo
$38.93 +0.50 (+1.30%)
(As of 12:45 PM ET)

Columbus McKinnon EPS Results

Actual EPS
$0.80
Consensus EPS
$0.74
Beat/Miss
Beat by +$0.06
One Year Ago EPS
$0.79

Columbus McKinnon Revenue Results

Actual Revenue
$253.80 million
Expected Revenue
$249.79 million
Beat/Miss
Beat by +$4.01 million
YoY Revenue Growth
+0.20%

Columbus McKinnon Announcement Details

Quarter
Q4 2023
Time
Before Market Opens

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Columbus McKinnon Earnings Headlines

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About Columbus McKinnon

Columbus McKinnon (NASDAQ:CMCO) designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual, battery, electric, and air hoists; steel, rack, and pinion jacks; winches, hydraulic jacks and tools, trolleys and its clamps, and lifting tables; skates and heavy load moving systems; material handling equipment; mobile, workplace, and jib cranes; crane components and kits; and below-the-hook lifting devices, lifting slings, and lashing systems. The company also provides linear motion products, elevator and mining drives, brakes, radio controls, collision avoidance systems, regenerative drives, AC and DC drive and motor control systems, DC motor and magnet control systems, and conductor bar systems; and underfloor lifting systems, lifting jacks, roof working platforms, hybrid lifting systems, turntables, bogie axle exchange and lifting systems, bogie lift and turn devices, and workshop equipment. In addition, it offers fabric and modular belt, and sanitary, stainless steel conveyors; pallet systems; parts and belts; rotary unions and swivel joints; check valves; accumulation and transfer tables, motion control systems, and steel and flexible chains; hooks, shackles, textile slings, clamps, and load binders; actuators and rotary unions; and push button pendant stations, collision avoidance, and power delivery subsystems. It serves EV production and aerospace, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, and e-commerce/supply chain/warehousing markets. It offers its products to end users directly, and through distributors, independent crane builders, material handling specialists and integrators, original equipment manufacturers, government agencies, and engineering procurement and construction firms. The company was founded in 1875 and is based in Charlotte, North Carolina.

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