The Manitowoc Company Reports Third-Quarter 2017 Financial Results
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Manitowoc (MTW) PT Raised to $12 at Jefferies Following 3Q
November 8, 2017 9:15 AM ESTJefferies raised its price target on Manitowoc (NYSE: MTW) to $12.00 (from $10.50) while maintaining a Buy rating following the company's 3Q. MTW continued to deliver better than expected earnings results on higher margins as the management team executes on right-sizing the cost structure and regaining market... More
Manitowoc (MTW) Tops Q3 EPS by 11c
November 6, 2017 4:55 PM ESTManitowoc (NYSE: MTW) reported Q3 EPS of $0.09, $0.11 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $399.4 million versus the consensus estimate of $385.01 million.
Manitowoc reiterates its full year 2017 financial guidance as follows:
Revenue - down approximately 5-7% year-over-year;
Adjusted EBITDA -... More
