Published on 29 Mar 2024 on Zacks via Yahoo Finance
The Manitowoc Company, Inc. (MTW) Exceeds Market Returns: Some Facts to Consider
In the latest market close, The Manitowoc Company, Inc. (MTW) reached $14.14, with a +0.86% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.11%. Meanwhile, the Dow gained 0.12%, and the Nasdaq, a tech-heavy index, lost 0.12%.
Shares of the company witnessed a gain of 3.7% over the previous month, trailing the performance of the Industrial Products sector with its gain of 7.65% and outperforming the S&P 500's gain of 3.55%.
The investment community will be paying close attention to the earnings performance of The Manitowoc Company, Inc. in its upcoming release. The company is expected to report EPS of $0.21, down 54.35% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $493.76 million, reflecting a 2.86% fall from the equivalent quarter last year.