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Columbus McKinnon (CMCO) Misses Q4 EPS by 9c, provides guidance

May 29, 2024 6:33 AM

Columbus McKinnon (NASDAQ: CMCO) reported Q4 EPS of $0.75, $0.09 worse than the analyst estimate of $0.84. Revenue for the quarter came in at $265.5 million versus the consensus estimate of $264.85 million.

Guidance:
First quarter 2025 guidance assumes approximately $9 million of interest expense, $8 million of amortization, an effective tax rate of 25% and 29.2 million diluted average shares outstanding.

The Company is issuing the following guidance for fiscal 2025, ending March 31, 2025:

Net sales: Low-single digit growth year-over-year.

Adjusted EPS: Mid to high-single digit growth year-over-year

For earnings history and earnings-related data on Columbus McKinnon (CMCO) click here.

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