Profile
Sector:
IndustrialsIndustry:
Farm & Heavy Construction MachineryCountry:
United StatesIPO:
23 February 1996Website:
http://www.cmco.comNext earnings report:
31 January 2025Last dividends:
09 August 2024Next dividends:
08 November 2024Price
after hours | Fri, 01 Nov 2024 21:59:02 GMTAnalysts recommendations
Institutional Ownership
CMCO Latest News
Columbus McKinnon Corporation (NASDAQ:CMCO ) Q2 2025 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Kristine Moser - Vice President-Investor Relations & Treasurer David Wilson - President & Chief Executive Officer Greg Rustowicz - Chief Financial Officer Conference Call Participants Charlie Strauzer - CJS Securities Matt Summerville - D.A. Davidson Steve Ferazani - Sidoti Walt Liptak - Seaport Research James Kirby - JPMorgan Steve Ferazani - Sidoti Operator Good morning, and welcome to Columbus McKinnon's Second Quarter Fiscal 2025 Earnings Conference Call.
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.76 per share a year ago.
CHARLOTTE, NC , Oct. 30, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2025 second quarter, which ended September 30, 2024. Second Quarter 2025 Highlights (compared with prior-year period, except where otherwise noted) Orders increased 16% with a book-to-bill ratio of 1.08x; Precision conveyance up 42% Net sales decreased 6% to $242.3 million reflecting impacts related to Hurricane Helene, the ramp up of linear motion production in Monterrey, MX and project timing Results included $17.5 million 2 of non-cash pension settlement expense and $11.8 million 2 for factory closure and start-up costs as we transitioned manufacturing to our Monterrey, MX facility GAAP EPS of ($0.52) and Adjusted EPS1 of $0.70 Repaid $10 million of debt in Q2 FY25; Anticipate FY25 debt repayment of $60 million Executed $4.9 million of share repurchases in Q2 FY25 and $5.0 million in early Q3 FY25 "Our commercial and operational initiatives are delivering wins with new and existing customers in attractive vertical markets and we delivered one of our highest order quarters in history with 16% order growth and a book-to-bill ratio of 1.08x in Q2.
CHARLOTTE, N.C. , Oct. 21, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share.
CHARLOTTE, N.C. , Oct. 16, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its second quarter fiscal 2025 results before the markets open on Wednesday, October 30, 2024.
Columbus McKinnon's fiscal Q1 results showed minimal revenue growth, driven by pricing, with slight volume contraction. Gross margin improved, and EBITDA beat modestly, but operating margin was pressured by facility transition costs. Orders declined, reflecting weaker end-market conditions, but short-cycle markets may be nearing the bottom of the cycle, giving CMCO leverage to market recoveries and expansion into new markets. The Street seems to be underrating the value of the company's mix shift toward precision conveyance, automation, and industrial motion, as these are key enabling technologies for factory automation.
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.62 per share a year ago.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced that it will present at the Wells Fargo 2024 Industrials Conference on June 11, 2024, at approximately 3:15 p.m. Eastern Time. The live audio webcast will be available via the Columbus McKinnon Investor Relations webpage at investors.cmco.com. A replay of the webcast will be available on the Company's investor Relations page shortly following the presentation at.
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.80 per share a year ago.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon (Nasdaq: CMCO) today announced financial results for its full year and fourth quarter fiscal 2024, which ended March 31, 2024.
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What type of business is Columbus McKinnon?
Columbus McKinnon Corporation is one of the leading global developers, manufacturers, and sellers of loading and unloading equipment for various applications. Key products include hoists, crane components, drives, rigging tools, as well as digital power control systems. The company was founded in 1929, headquartered in Getzville, New York, USA. Among the company's products, several groups can be highlighted: Hoists, Tools for chains and rigging work, Digital power control and delivery systems, Drives and rotary connections.
What sector is Columbus McKinnon in?
Columbus McKinnon is in the Industrials sector
What industry is Columbus McKinnon in?
Columbus McKinnon is in the Farm & Heavy Construction Machinery industry
What country is Columbus McKinnon from?
Columbus McKinnon is headquartered in United States
When did Columbus McKinnon go public?
Columbus McKinnon initial public offering (IPO) was on 23 February 1996
What is Columbus McKinnon website?
https://www.cmco.com
Is Columbus McKinnon in the S&P 500?
No, Columbus McKinnon is not included in the S&P 500 index
Is Columbus McKinnon in the NASDAQ 100?
No, Columbus McKinnon is not included in the NASDAQ 100 index
Is Columbus McKinnon in the Dow Jones?
No, Columbus McKinnon is not included in the Dow Jones index
When was Columbus McKinnon the previous earnings report?
No data
When does Columbus McKinnon earnings report?
The next expected earnings date for Columbus McKinnon is 31 January 2025