Columbus McKinnon (NASDAQ: CMCO) reported Q3 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $258.7 million versus the consensus estimate of $242.35 million.

Fiscal Year 2026 Guidance

Given the recently completed Kito Crosby acquisition and the pending divestiture of our U.S. power chain hoist and chain operations, the Company is withdrawing our Columbus McKinnon standalone fiscal year 2026 guidance previously presented as part of our second quarter fiscal 2026 earnings release due to a higher degree of uncertainty in expected results for the fourth quarter of fiscal 2026 resulting from the timing of the pending divestiture, regulatory limitations on information sharing with or from Kito Crosby prior to closing and the integration of our financial processes within Kito Crosby.

Consistent with prior years\' convention, we will provide an updated financial outlook and issue financial guidance for fiscal 2027 in conjunction with our fourth quarter fiscal 2026 earnings release in late May of 2026.

Certain transaction-related expenses, purchase accounting adjustments and early integration costs will be incurred in the fourth quarter of fiscal 2026. The impact of these costs as well as higher interest expense are expected to be dilutive to GAAP earnings per share in the fourth quarter of fiscal 2026.

Following the closing of the transactions, the Company\'s primary allocation of capital is expected to be debt reduction. We expect significant cashflow generation from the combined business leading to a Net Leverage Ratio5 below 4.0x by the end of fiscal 2028.

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