On Wednesday 30th October 2024, Columbus McKinnon Corporation (NASDAQ: CMCO) will release its highly anticipated second quarter financial results. This important announcement is scheduled to occur before market open.
The financial experts on Wall Street are predicting that the enterprise will likely report an estimated $0.70 profit per share for the second quarter. Additionally, it is anticipated that the company will reveal a $248.74 million revenue during the quarter.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.76. This considerable sum was attributed to the company's total revenue, which reached an impressive $258.4 million during that specific quarter.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $1.03 billion. Additionally, they are expecting the company to report profit of $3.05 per share for the full year 2025.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q1 2025 | $0.62 | 0% | 239.73 M | +1.8% |
| Q4 2024 | $0.75 | -6.3% | 265.50 M | +4.6% |
| Q3 2024 | $0.74 | +2.8% | 254.14 M | +10.3% |
| Q2 2024 | $0.76 | +4.1% | 258.40 M | +11.5% |
| Q1 2024 | $0.62 | -10.1% | 235.49 M | +6.9% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 30th October 2024 at 10:00 AM eastern time to discuss Q2 financial results.
Columbus McKinnon Corporation (CMCO) closed Monday's regular trading session at $32.89, demonstrating a 1.39 percent rise, with a volume of 235.80 thousand shares.
