Columbus McKinnon (CMCO) Misses Q3 EPS by 18c, provides guidance
Columbus McKinnon (NASDAQ: CMCO) reported Q3 EPS of $0.56, $0.18 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $234.1 million versus the consensus estimate of $252.48 million.
Fiscal 2025 Guidance
The Company is issuing the following guidance for the fiscal year 2025, ending March 31, 2025:
Net sales growth: Mid-single digit decrease year-over-year
Adjusted EPS: Low-teens decrease year-over-year
Capital Expenditures: $18 million to $22 million
Net Leverage Ratio: ~3.0x
For earnings history and earnings-related data on Columbus McKinnon (CMCO) click here.
