Columbus McKinnon Corp. (CMCO) Thursday said its profit for the fourth quarter surged, driven mainly by a double-digit growth in revenues.
The Amherst, New York-based company reported a fourth-quarter net profit of $9.0 million or $0.46 per share, compared to $2.54 million or $0.13 per share last year.
On average, four analysts polled by Thomson Reuters expected the company to earn $0.39 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter grew 10.8 percent to $159.57 million from $143.97 million in the prior-year quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.