Manitowoc (MTW) Misses Q4 EPS by 14c, provides guidance
Manitowoc (NYSE: MTW) reported Q4 EPS of $0.09, $0.14 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $595.8 million versus the consensus estimate of $583.9 million.
GUIDANCE:
Manitowoc sees FY2024 EPS of $0.95-$1.55, versus the consensus of $1.53. Manitowoc sees FY2024 revenue of $2.275-2.375 billion, versus the consensus of $2.2 billion.
Adjusted EBITDA - $150 million to $180 million
Depreciation and amortization - $63 million to $67 million
Interest expense - $32 million to $34 million
Provision for income taxes - $18 million to $22 million
Capital expenditures - $60 million of which approximately $25 million is for rental fleet growth
Free cash flows - $30 million to $60 million
For earnings history and earnings-related data on Manitowoc (MTW) click here.
