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Columbus Mckinnon Corp. (CMCO)
NASDAQ:CMCO
Earnings Data
Report Date
Jun 03, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.47Last Year’s EPS
0.6Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated multiple strong operational and financial achievements: double‑digit revenue and order growth, a meaningful backlog increase, completed transformational acquisition of Kito Crosby with a $70M synergy target, improved adjusted EPS, positive free cash flow, and completed financing that enhances liquidity and enables deleveraging plans. Offsetting these positives are margin contraction driven by mix and tariffs, near‑term transaction and interest expense headwinds, withdrawn near‑term guidance due to acquisition/divestiture timing, and slower demand/order conversion in EMEA. On balance the company delivered outperformance against preannounced ranges, demonstrated operational progress on tariff mitigation and integration planning, and set a clear deleveraging priority, indicating confidence in longer‑term upside despite near‑term costs and execution risks.Company Guidance
Acquisition of Kito Crosby Closed
Completed transformational acquisition of Kito Crosby; combination expected to double revenue base, expand geographic reach and product portfolio, and create a scaled global provider of intelligent motion solutions.
Identified Cost Synergies
Announced $70 million net run-rate cost synergy target from the Kito Crosby transaction with expected realization cadence of ~20% in year 1, ~60% in year 2 and 100% in year 3; integration management office and full-time integration team in place.
Strong Top‑Line and Order Growth
Net sales of $258.7M, up 10.5% year‑over‑year; orders up 11% to $247M; backlog up 15% year‑over‑year to $342M, with growth across short‑cycle and project businesses.
Profitability and Margin Outcomes
Adjusted EBITDA of $39.8M (reported as $40M) with an adjusted EBITDA margin of 15.4% (flat sequentially); adjusted operating income $24.5M and adjusted operating margin 9.5%.
Earnings Per Share Improvement
Adjusted EPS $0.62, up 11% year‑over‑year; GAAP diluted EPS $0.21, up $0.07 or 50% year‑over‑year.
Gross Profit Increase
Gross profit of $89.2M, up $7.1M or 8.6% YoY (GAAP), driven by higher volume, pricing and favorable FX; GAAP gross margin 34.5%.
Short‑Cycle and Project Sales Performance
Short‑cycle sales increased 13% and project‑related sales increased 8% year‑over‑year; U.S. short‑cycle stabilization contributed strongly to growth.
Positive Cash Flow and Liquidity Actions
Free cash flow of $16.5M in the quarter; completed permanent financing package (including $1.65B Term Loan B, $900M senior secured notes, $800M perpetual convertible preferred and $500M revolver) at financing rates below initial ~8% estimate, increasing liquidity.
Tariff Mitigation Progress
Management believes it came in slightly ahead of a $10M net tariff impact in first 3 quarters of FY26 and continues to expect tariff cost neutrality by year‑end and margin neutrality in FY27.
Planned Use of Divestiture Proceeds to Delever
Expect to close divestiture of U.S. power chain hoist and chain operations this quarter and to apply approximately $160M (net of taxes and fees) toward Term Loan B repayment; primary capital allocation priority is debt repayment with plan to reduce net leverage below 4x by end of FY2028.
CMCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CMCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 09, 2026 | $22.82 | $22.85 | +0.13% |
Oct 30, 2025 | $14.93 | $17.21 | +15.28% |
Jul 30, 2025 | $16.65 | $14.30 | -14.12% |
May 28, 2025 | $17.55 | $15.48 | -11.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Columbus Mckinnon Corp. (CMCO) report earnings?
Columbus Mckinnon Corp. (CMCO) is schdueled to report earning on Jun 03, 2026, Before Open (Confirmed).
What is Columbus Mckinnon Corp. (CMCO) earnings time?
Columbus Mckinnon Corp. (CMCO) earnings time is at Jun 03, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CMCO EPS forecast?
CMCO EPS forecast for the fiscal quarter 2026 (Q4) is 0.47.