The Manitowoc Company Reports Fourth-Quarter 2016 Financial Results and Full Year 2017 Guidance

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Go back to The Manitowoc Company Reports Fourth-Quarter 2016 Financial Results and Full Year 2017 Guidance

Manitowoc (MTW) PT Raised to $7.25 at Jefferies Following 4Q Report

February 3, 2017 9:03 AM EST

Jefferies raised its price target on Manitowoc (NYSE: MTW) to $7.25 (from $7.00) while maintaining a Buy rating. Management provided a 2017 target for revenues to decline 8-10% with an adjusted EBIT margin 0-1%.

Analyst Stephen Volkmann commented, "MTW reported a larger operating... More

Manitowoc (MTW) Misses Q4 EPS by 7c

February 1, 2017 4:23 PM EST

Manitowoc (NYSE: MTW) reported Q4 EPS of ($0.23), $0.07 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $378.2 million versus the consensus estimate of $390.18 million.

For earnings history and earnings-related data on Manitowoc (MTW) click here.

... More