Q4 Earnings Highlights: Manitowoc (NYSE:MTW) Vs The Rest Of The Construction Machinery StocksLet’s dig into the relative performance of Manitowoc (
NYSE:MTW) and its peers as we unravel the now-completed Q4 construction machinery earnings season.
The Manitowoc Company Schedules First-quarter 2025 Earnings Announcement and Conference Call
The Manitowoc Company, Inc. (
NYSE: MTW) announced today that it will release its first-quarter 2025 results on Tuesday, May 6, 2025, after the close of market. The Company will host a conference call to discuss its results and outlook on Wednesday, May 7, 2025, at 11:00 a.m. ET (10:00 a.m. CT).
Construction Machinery Q4 Earnings: Astec (NASDAQ:ASTE) is the Best in the BizThe end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Astec (
NASDAQ:ASTE) and the rest of the construction machinery stocks fared in Q4.
Manitowoc Files Anti-dumping Duty Petition in the U.S.
The Manitowoc Company, Inc. (
NYSE: MTW), (the “Company” or “Manitowoc”) a leading global manufacturer of cranes and lifting solutions, filed an anti-dumping petition with the U.S. International Trade Commission and U.S. Department of Commerce alleging predatory dumping by producers of lattice-boom crawler cranes from Japan.
3 of Wall Street’s Favorite Stocks in the DoghouseWall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
Manitowoc (MTW): Buy, Sell, or Hold Post Q4 Earnings?Although the S&P 500 is down 7.7% over the past six months, Manitowoc’s stock price has fallen further to $7.98, losing shareholders 13.7% of their capital. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
1 Industrials Stock with Impressive Fundamentals and 2 to Think Twice AboutEven if they go mostly unnoticed, industrial businesses are the backbone of our country. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 18.6% over the past six months. This performance was worse than the S&P 500’s 11% decline.
3 Stocks Under $10 in the Doghouse Stocks under $10 pique our interest because they have room to grow (as well as the most affordable option contract premiums).
That doesn’t mean they’re bargains though, and we urge investors to be careful as many have risky business models.
Q4 Earnings Roundup: Caterpillar (NYSE:CAT) And The Rest Of The Construction Machinery SegmentLet’s dig into the relative performance of Caterpillar (
NYSE:CAT) and its peers as we unravel the now-completed Q4 construction machinery earnings season.
Astec Earnings: What To Look For From ASTEConstruction equipment company Astec (
NASDAQ:ASTE) will be announcing earnings results tomorrow before market open. Here’s what you need to know.
Why Is Manitowoc (MTW) Stock Rocketing Higher TodayShares of crane and lifting equipment company Manitowoc (
NYSE:MTW)
jumped 21.9% in the morning session after the company reported strong fourth-quarter results that significantly exceeded analysts' EPS expectations, with EBITDA also outperforming Wall Street estimates by a wide margin. However, backlog declined notably, and revenue remained flat compared to the prior year, inline with expectations. Looking ahead, the company remains focused on growing its non-new machine sales and expanding its aftermarket business, as highlighted by its recent distribution rights acquisition in the southeastern U.S. However, the backlog weakness raises concerns about future growth momentum.
Zooming out, we think this was a decent quarter featuring some areas of strength but also some blemishes.
Manitowoc (NYSE:MTW) Posts Q4 Sales In Line With EstimatesCrane and lifting equipment company Manitowoc (
NYSE:MTW) met Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $596 million. Its non-GAAP profit of $3.70 per share was significantly above analysts’ consensus estimates.
The Manitowoc Company Reports Fourth-Quarter and Full-Year 2024 Financial Results; Provides Full-Year 2025 Guidance
The Manitowoc Company, Inc. (
NYSE: MTW) (the “Company” or “Manitowoc”) today reported fourth-quarter net income of $56.7 million, or $1.59 per diluted share. Fourth-quarter adjusted net income(1) was $3.7 million or $0.10 per diluted share.
Manitowoc Earnings: What To Look For From MTWCrane and lifting equipment company Manitowoc (
NYSE:MTW)
will be announcing earnings results tomorrow after market close. Here’s what investors should know.
The Manitowoc Company Expands its Direct-to-Customer Footprint in Georgia, North Carolina, and South Carolina
The Manitowoc Company, Inc. (
NYSE: MTW) (“the Company” or “Manitowoc”), a leading global manufacturer of cranes and lifting solutions, announced today that through its wholly- owned subsidiary, MGX Equipment Services, LLC, it has completed the acquisition of certain crane assets of Ring Power Corporation (“Ring Power”). This transaction expands Manitowoc’s direct-to-customer footprint in the territories with new and used crane sales, aftermarket parts, service, and remanufacturing support to a diverse range of end market customers. MGX will now serve crane customers in Georgia, North Carolina, and South Carolina. Ring Power will maintain its current facilities in Georgia, North Carolina, and South Carolina for its utility and vocational truck operations. In addition, Ring Power will operate its crane business in Florida representing Grove, Manitowoc, and National Crane products.
The Manitowoc Company Schedules Fourth-quarter 2024 and Full-year 2024 Earnings Announcement and Conference Call
The Manitowoc Company, Inc. (
NYSE: MTW) announced today that it will release its fourth-quarter 2024 and full-year 2024 results on Wednesday, February 12, 2025, after the close of market. The Company will host an earnings call to discuss its results and outlook on Thursday, February 13, 2025, at 10:00 a.m. ET (9:00 a.m. CT).
Construction Machinery Q3 Earnings: Terex (NYSE:TEX) Simply the BestEarnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Terex (
NYSE:TEX) and its peers.
The Manitowoc Company reaches agreement to settle U.S. EPA matter regarding its emissions certification and compliance process
The Manitowoc Company, Inc. (
NYSE: MTW) (the “Company” or “Manitowoc”) today reported that it agreed to the terms of a Consent Decree with the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice (DOJ) regarding alleged violations of the Transition Program for Equipment Manufacturers (TPEM), a program under the U.S. Clean Air Act. Per the terms of the agreement, Manitowoc will pay a civil penalty of $42.6 million and complete an emissions mitigation project upgrading a short-line locomotive engine in Maryland. Completion of the terms in the Consent Decree settles this matter and releases the Company from civil claims under the Clean Air Act related to the Company’s participation in the TPEM program.
