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Manitowoc Company (MTW)
NYSE:MTW
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.21Last Year’s EPS
0.25Same Quarter Last Year
Moderate Sell
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 37.29%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue and order performance, with significant growth in non-new machine sales and a recovering European market. However, the company faces challenges with tariff-related cost increases, a decline in adjusted EBITDA, and ongoing trade investigations. Despite these challenges, the overall sentiment leans positive due to the strong highlights and strategic initiatives.Company Guidance
In the first quarter of fiscal year 2025, The Manitowoc Company reported strong financial performance with $471 million in revenue and $22 million in adjusted EBITDA, surpassing expectations. Orders reached $610 million, and the backlog was nearly $800 million. Non-new machine sales increased by 11% year-over-year, totaling $161 million. The company anticipates $60 million in incremental costs due to tariffs, with mitigation plans covering 80% to 90% of these costs. Manitowoc maintained its full-year guidance, projecting net sales between $2.175 billion and $2.275 billion, and adjusted EBITDA ranging from $120 million to $145 million. European tower crane orders rose by 70% year-over-year, marking the third consecutive quarter of growth, indicating a market recovery. The company's CRANES+50 strategy continues to strengthen its aftermarket business, with non-new machine sales hitting a record $645 million over the last 12 months.Exceeded Revenue and EBITDA Expectations
The company generated $471 million in revenue and $22 million in adjusted EBITDA, exceeding expectations.
Strong Orders and Backlog
Orders were a strong $610 million, and the backlog ended the period just short of $800 million.
Growth in Non-New Machine Sales
Non-new machine sales were $161 million, up 11% year-over-year.
European Tower Crane Market Recovery
Machine orders in the European tower crane business were up nearly 70% year-over-year.
North American Market Growth
First-quarter orders through the third-party dealer channel in North America increased 35% year-over-year.
AI Integration into Processes
AI was integrated into the improvement process, saving 2,000 man hours and avoiding $400,000 in costs.
Record Safety Metrics
The company achieved the best quarter ever in terms of safety metrics.
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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
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MTW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
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% |
Aug 07, 2024 | $10.78 | $10.22 | -5.19% |
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.
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FAQ
When does Manitowoc Company (MTW) report earnings?
Manitowoc Company (MTW) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Manitowoc Company (MTW) earnings time?
Manitowoc Company (MTW) earnings time is at Aug 06, 2025, TBA Not 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 2025 (Q2) is 0.21.
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