The Manitowoc Company Reports Fourth-Quarter and Full-Year 2019 Financial Results; Full-Year 2020 Guidance
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Manitowoc (MTW) Tops Q4 EPS by 6c, Revenues Miss; Offers FY20 Revenue Guidance Below Consensus
February 6, 2020 4:34 PM ESTManitowoc (NYSE: MTW) reported Q4 EPS of $0.35, $0.06 better than the analyst estimate of $0.29. Revenue for the quarter came in at $463.4 million versus the consensus estimate of $493.27 million.
Fourth-quarter 2019 Highlights
Net sales of $463.4 millionAdjusted EBITDA(1) of $30.9 millionDiluted earnings per share of $0.26, $0.35 on an adjusted basis(1)Cash flows from operating activities of $144.6 millionI am pleased to report another quarter of improving... More
