Manitowoc reports Q4 adjusted EPS 10c, consensus 12c

Reports Q4 revenue $596M, consensus $600.15M. “Fourth quarter results were in line with our expectations. I thank the Manitowoc (MTW) team for their hard work, dedication, and resilience in managing through a difficult environment. Our 2024 results highlight the strength of our aftermarket business which generated a record $629.1 million of revenue. Comparing to 2020, the year before the launch of our CRANES+50 strategy, non-new machine sales have increased by over 67%,” said Aaron H. Ravenscroft, President and Chief Executive Officer of The Manitowoc Company, Inc.