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Manitowoc Company Inc. Q1 adjusted earnings Miss Estimates

Below are the earnings highlights for Manitowoc Company Inc. (MTW):

-Earnings: -$7.8 million in Q1 vs. -$26.7 million in the same period last year.
-EPS: -$0.22 in Q1 vs. -$0.75 in the same period last year.
-Excluding items, Manitowoc Company Inc. reported adjusted earnings of -$6.3 million or -$0.18 per share for the period.
-Analysts projected -$0.03 per share
-Revenue: $329.2 million in Q1 vs. $418.0 million in the same period last year.

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