The Manitowoc Company Reports Second-Quarter 2023 Financial Results; Raises Full-Year 2023 Guidance

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Manitowoc (MTW) Tops Q2 EPS by 43c; Raises Outlook

August 7, 2023 4:17 PM EDT

Manitowoc (NYSE: MTW) reported Q2 EPS of $0.75, $0.43 better than the analyst estimate of $0.32. Revenue for the quarter came in at $602.8 million versus the consensus estimate of $525 million.

GUIDANCE:

Manitowoc sees FY2023 EPS of $1.10-$1.70, versus the consensus of $1.18. Manitowoc sees... More