Manitowoc Company (MTW)
NYSE:MTW
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.2Last Year’s EPS
0.08Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call balanced clear operational and financial progress (record TTM aftermarket sales, stronger backlog and April orders, service expansion, product launches, ServiceMax implementation, improved free cash flow and an S&P upgrade) against near-term headwinds (tariff-related costs and uncertainty, a 10% decline in adjusted EBITDA, inventory build and used-equipment weakness, and geopolitical/logistics risk). Management reaffirmed guidance and highlighted momentum in several regions, indicating confidence in recovery and execution over the year.Company Guidance
Strong Order Activity and Backlog
Orders in Q1 were approximately $646–$650 million (flat year-over-year on a currency-neutral basis). Backlog ended the quarter at $940 million, up $146 million sequentially. April orders were strong, expected between $225 million and $250 million, above the Q1 run rate.
Non-New Machine Sales Growth and Strategic Progress
Non-new machine sales grew 3% year-over-year for the quarter and improved 8% on a trailing twelve-month basis to a record $696 million. Management highlighted expansion of service footprint, addition of 50 field service technicians (ending Q1 with 567), direct model transition in India, and increased sales of complementary accessories.
Product Development and Service Technology
Introduced an 80-ton boom truck and an 800-ton eight-axle all-terrain crane (showcased at CONEXPO) with positive customer feedback. Completed implementation of ServiceMax asset management in April and progressing dispatch/work-order modules to capture incremental service revenue.
Financial Improvement: Cash Flow, Liquidity and Rating Upgrade
Operating activities generated $27 million of cash in Q1; capital expenditures were $8 million (including $6 million rental fleet), yielding free cash flow of $19 million — a $17 million improvement year-over-year. Liquidity ended at $316 million and S&P upgraded the corporate credit rating from B to B+.
Guidance Reaffirmed
Management reaffirmed full-year guidance: net sales of $2.25 billion to $2.35 billion and adjusted EBITDA of $125 million to $150 million, reflecting confidence in the outlook despite near-term headwinds.
Regional Demand Strength
Positive end-market commentary: Americas customer sentiment constructive with dealer inventories declining and all-terrain inventory at a ten-year low; Asia-Pacific momentum with large semiconductor projects (e.g., SK Hynix and Samsung); Europe tower crane new machine orders up 76% year-over-year.
Operational Safety and Continuous Improvement Wins
Manitowoc Way initiatives are yielding tangible results (e.g., elimination of 264 hammers at a single plant) and early productivity/quality gains from kaizens and process improvements.
MTW 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
MTW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $13.67 | $13.28 | -2.85% |
Feb 09, 2026 | $14.86 | $15.15 | +1.95% |
Nov 05, 2025 | $10.31 | $11.24 | +9.02% |
Aug 08, 2025 | $10.45 | $10.19 | -2.49% |
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 Manitowoc Company (MTW) report earnings?
Manitowoc Company (MTW) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Manitowoc Company (MTW) earnings time?
Manitowoc Company (MTW) earnings time is at Aug 12, 2026, After Close (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 MTW EPS forecast?
MTW EPS forecast for the fiscal quarter 2026 (Q2) is 0.2.