Manitex International Earnings: Your Sneak Peek to the Big Announcement

Manitex International (NASDAQ:MNTX) will report earnings after markets close on Wednesday, May 8th. Manitex Interntional Inc. designs, develops and builds integrated productionline assembly and testing equipment for the automotive and heavy equipment industries. The Company also provides axle testing services to automotive and heavy equipment manufacturers.

Here is your Cheat Sheet to Manitex International Earnings:

Earnings Expectations: Analysts expect earnings of $0.15 per share on revenues of $56.03 million. Currently, the company’s P/E ratio stands at 14.87.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.24 to a profit $0.19. For the current year, the average estimate is a profit of $0.8, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Manitex International has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 106.34 55.89 95.88 142.29 205.25
Diluted EPS ($) 0.21 0.33 0.19 0.24 0.68

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 36.56 42.85 52.50 53.38 56.52
Diluted EPS ($) 0.0250 0.11 0.20 0.21 0.1642

Past Performance:
Manitex International has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]