Columbus McKinnon Earnings Preview: Can This Streak Continue?
Columbus McKinnon (NASDAQ:CMCO) will report earnings before markets open on Thursday, May 23rd. Columbus McKinnon Corporation designs, manufactures, and distributes a variety of material handling, lifting, and positioning products. The Company’s products are sold to distributors and end-users in the general manufacturing, crane building, mining, construction, transportation, entertainment, power generation, agriculture, marine, lodging, and medical markets.
Here is your Cheat Sheet to Columbus Mckinnon Earnings:
Earnings Expectations: Analysts expect earnings of $0.38 per share on revenues of $151.20 million. Currently, the company’s P/E ratio stands at 10.54.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.34 and has not changed. For the current year, the average estimate is a profit of $1.74, which is worse than the estimate ninety days ago.
Here’s how Columbus Mckinnon has been performing on an annual basis:
|Revenue ($) in millions||607||476||524||592|
|Diluted EPS ($)||-4.16||-0.37||-1.89||1.38|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||159.57||153.01||146.47||153.23|
|Diluted EPS ($)||0.46||0.43||0.42||0.49|
Columbus Mckinnon has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)