Manitowoc Company Inc. (MTW) revealed earnings for fourth quarter that Drops, from the same period last year
The company's earnings came in at $7.0 million, or $0.19 per share. This compares with $56.7 million, or $1.59 per share, last year.
Excluding items, Manitowoc Company Inc. reported adjusted earnings of $9.5 million or $0.26 per share for the period.
The company's revenue for the period rose 13.6% to $677.1 million from $596.0 million last year.
Manitowoc Company Inc. earnings at a glance (GAAP) :
-Earnings: $7.0 Mln. vs. $56.7 Mln. last year.-EPS: $0.19 vs. $1.59 last year.-Revenue: $677.1 Mln vs. $596.0 Mln last year.
Our full-year 2026 guidance is as follows:Net sales - $2.25 billion to $2.35 billionAdjusted diluted earnings per share - $0.45 to $0.90
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.