Manitex International, Inc. Reports Second Quarter 2015 Results

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Roth Capital Raises Price Target on Manitex Int'l (MNTX) to $8 Following 2Q15

August 6, 2015 9:14 AM EDT

Roth Capital maintained a Buy rating on Manitex International (NASDAQ: MNTX), and cut the price target to $8.00 (from $12.00), following 2Q results. MNTX posted Q2 revenues of $105.6mn vs. consensus of $105.3mn. EPS was reported at $0.03 missed consensus estimate of $0.08.

Analyst Matt Koranda... More

Manitex Int'l (MNTX) Misses Q2 EPS by 6c

August 5, 2015 4:15 PM EDT

Manitex Int'l (NASDAQ: MNTX) reported Q2 EPS of $0.02, $0.06 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $105.6 million versus the consensus estimate of $105.31 million.

Consolidated backlog as of June 30, 2015 was $97.5 million compared to $102.5 million at June 30, 2014 and $107.3 million at December 31,... More