Manitex Int'l (MNTX) Misses Q1 EPS by 5c

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Roth Capital lowers PT Despite Manitex Int'l's (MNTX) Revenue Beat

May 12, 2015 8:48 AM EDT

Roth Capital maintains a Buy rating on Manitex International (NASDAQ: MNTX), and lowers the price target to $12.00 (from $17.00), following EPS miss. MNTX beat the revenue consensus with $106mn vs. $102mn estimate. Higher-than-expected opex offset some of the strength on the revenue and GM lines, resulting in adjusted Q1 EPS of $0.10 vs.... More