Unloved Columbus McKinnon Deserves Another Look Ahead Of A Short-Cycle Recovery
Columbus McKinnon's fiscal Q1 results showed minimal revenue growth, driven by pricing, with slight volume contraction. Gross margin improved, and EBITDA beat modestly, but operating margin was pressured by facility transition costs. Orders declined, reflecting weaker end-market conditions, but short-cycle markets may be nearing the bottom of the cycle, giving CMCO leverage to market recoveries and expansion into new markets. The Street seems to be underrating the value of the company's mix shift toward precision conveyance, automation, and industrial motion, as these are key enabling technologies for factory automation.
Columbus McKinnon Corporation (CMCO) Q1 2025 Earnings Call Transcript
Columbus McKinnon Corporation (NASDAQ:CMCO ) Q1 2025 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Kristy Moser - VP, IR David Wilson - President and CEO Greg Rustowicz - CFO Conference Call Participants James Kirby - JPMorgan Chase Matt Summerville - D.A. Davidson Kyle May - Sidoti & Company Jon Tanwanteng - CJS Securities Operator Good morning and welcome to Columbus McKinnon First Quarter Fiscal 2025 Earnings Conference Call.
Columbus McKinnon (CMCO) Q1 Earnings Match Estimates
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.62 per share a year ago.
Columbus McKinnon (CMCO) Loses -8.13% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
The heavy selling pressure might have exhausted for Columbus McKinnon (CMCO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Columbus McKinnon (CMCO) Upgraded to Buy: What Does It Mean for the Stock?
Columbus McKinnon (CMCO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Columbus McKinnon Corporation (CMCO) Q4 2024 Earnings Call Transcript
Columbus McKinnon Corporation (NASDAQ:CMCO ) Q4 2024 Results Conference Call May 29, 2024 10:00 AM ET Company Participants Kristy Moser - Vice President, Investor Relations and Treasurer David Wilson - President and Chief Executive Officer Greg Rustowicz - Chief Financial Officer Conference Call Participants Matt Summerville - D. A. Davidson Stephen Ferazani - Sidoti & Company Jon Tanwanteng - CJS Securities Walter Liptak - Seaport Research Operator Good morning.
Columbus McKinnon (CMCO) Q4 Earnings and Revenues Lag Estimates
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.80 per share a year ago.
