The Manitowoc Company Reports Second-Quarter Financial Results

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Manitowoc (MTW) Reports In-Line Q2 EPS, Offers FY16 Guidance

August 8, 2016 4:56 PM EDT

Manitowoc (NYSE: MTW) reported Q2 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $457.7 million versus the consensus estimate of $463.98 million.

2016 Guidance

For the full-year 2016, Manitowoc expects:

Revenue down approximately 10% to 12%;Adjusted operating income margins approximately 1% to... More