Columbus McKinnonNASDAQ: CMCO

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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Columbus McKinnon Corporation (CMCO) Q3 2024 Earnings Call Transcript

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Columbus McKinnon Corporation (NASDAQ:CMCO ) Q2 2024 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Deborah Pawlowski - Kei Advisors David Wilson - President, CEO & Director Gregory Rustowicz - EVP, Finance, CFO & Treasurer Conference Call Participants Matt Summerville - D.A. Davidson & Co. Jonathan Tanwanteng - CJS Securities Stephen Ferazani - Sidoti & Company Walter Liptak - Seaport Research Partners Operator Greetings, and welcome to Columbus McKinnon Second Quarter Fiscal Year 2024 Financial Results.

Columbus McKinnon's shares have declined about 10% this year, as companies have pulled back on investments in factory and logistics automation in the face of demand uncertainties and inventory corrections. Management continues to execute its streamlining and M&A plans, most recently acquiring monatratec and a stronger presence in asynchronous motion control and growth markets like life sciences and semiconductors. Despite short-term challenges, Columbus McKinnon is expected to benefit from ongoing investments in automation and the reshoring of manufacturing.