Manitowoc (MTW) Misses Q2 EPS by 9c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. VRTX
4. CHKP
5. CRWD
6. ON
7. HNGE
8. INSP
9. SPY
10. MRVL

Go back to Manitowoc (MTW) Misses Q2 EPS by 9c

The Manitowoc Company Reports Second-Quarter Financial Results

July 29, 2015 5:12 PM EDT

Foodservice posts improving trends during second quarter;
Weakness in oil and gas further impacts rough-terrain and boom truck markets driving modestly revised full-year guidance

MANITOWOC, Wis.--(BUSINESS WIRE)-- The Manitowoc Company, Inc. (NYSE: MTW) today reported second-quarter 2015 sales of $885.4 million, a 12.6 percent decrease from $1,012.8 million in second quarter of 2014, of which $59.7 million, or 46.9 percent, was caused by unfavorable foreign currency impact.

On a GAAP basis, the company reported net income of $23.3 million, or $0.17 per diluted share, in the second quarter of 2015, versus... More