The earnings call depicted a mixed outlook. While there were significant growth areas, such as the surge in tower crane orders and performance improvements in the Middle East, these were overshadowed by challenges in North America due to tariff uncertainties and decreased net sales and EBITDA. The sentiment is cautious due to pricing and demand uncertainties driven by tariffs.
Company Guidance -
Q3 2025
During The Manitowoc Company's second quarter 2025 earnings call, the company provided guidance reflecting a cautious outlook due to various market dynamics, particularly tariffs. The revenue for the quarter was reported at $540 million with an adjusted EBITDA of $26 million. Orders totaled $454 million, leading to a backlog of $729 million. The company highlighted a significant impact from tariffs, initially estimating $60 million in incremental tariffs for the year but now projecting a gross impact of $35 million, with plans to mitigate 90% of these costs. Non-new machine sales were strong at $162 million, marking a 10% year-over-year increase. The company also reported a recordable injury rate (RIR) of 0.67, emphasizing safety improvements. Looking ahead, Manitowoc expects to hit the low end of its adjusted EBITDA guidance of $120 million to $145 million, citing uncertainties in the U.S. market due to tariffs and dealer inventory reductions. Additionally, free cash flow for the year is anticipated to be at the low end of the previous range, around $10 million to $15 million.
Tower Crane Orders Surge
New tower crane orders were up 104% year-over-year, marking the fourth consecutive quarter of improvement.
Record Safety Performance
The company achieved a recordable injury rate of 0.67 for the first half of the year, setting a new safety record.
Strong Performance in the Middle East
The Middle East market continues to grow dynamically, with significant projects in Saudi Arabia and UAE driving strong demand.
Aftermarket Business Growth
Non-new machine sales reached $162 million in the quarter, up 10% year-over-year, with a trailing 12-month record of $659 million.
Manitowoc Company (MTW) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
Aug 08, 2025
$10.45
$10.19
-2.49%
May 06, 2025
$8.34
$8.56
+2.64%
Feb 12, 2025
$9.77
$10.90
+11.57%
Oct 30, 2024
$10.37
$9.34
-9.93%
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 Nov 05, 2025, After Close (Confirmed).
What is Manitowoc Company (MTW) earnings time?
Manitowoc Company (MTW) earnings time is at Nov 05, 2025, 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.