Columbus McKinnon (NASDAQ:CMCO) reported its Q3 earnings results on Thursday, January 27, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
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Earnings
Columbus McKinnon beat estimated earnings by 11.11%, reporting an EPS of $0.6 versus an estimate of $0.54, which surprised analysts.
Revenue was up $49.54 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01, which was followed by a 3.25% drop in the share price the next day.
Here's a look at Columbus McKinnon's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.75 | 0.43 | 0.51 | 0.16 |
| EPS Actual | 0.74 | 0.69 | 0.50 | 0.26 |
| Revenue Estimate | 228.66M | 215.19M | 182.40M | 156.73M |
| Revenue Actual | 223.63M | 213.46M | 186.24M | 166.55M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
