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Manitowoc Company (MTW)
NYSE:MTW
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.07Last Year’s EPS
0.14Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: 10.34%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
The earnings call revealed a mixed performance for The Manitowoc Company, Inc. in 2024. While there were significant achievements in non-new machine sales and safety, challenges persisted with a decreased backlog, reduced EBITDA, and market difficulties in Europe and Asia. The sentiment was cautiously optimistic with some positive indicators in specific regions, yet overshadowed by ongoing uncertainties and competitive pressures.Company Guidance
During The Manitowoc Company, Inc.'s fourth quarter and full-year 2024 earnings call, several key metrics and guidance for 2025 were provided. The company reported $2.2 billion in sales and $128 million in adjusted EBITDA for 2024, with $100 million in free cash flow generated during the fourth quarter and an ending liquidity of $321 million. Safety achievements included an RIR of 1.19, marking the second-best result in the company's history. Environmental initiatives led to a 6% reduction in greenhouse gas intensity, equating to $100,000 in savings. For 2025, the company expects net sales between $2.175 billion and $2.275 billion, with adjusted EBITDA ranging from $120 million to $145 million. Free cash flows, excluding any EPA settlement impact, are projected to be between $55 million and $85 million. Despite uncertainties, marginal improvements are expected in the US and European markets, while challenges persist in Asia.Record Non-New Machine Sales
Achieved a new record with $629 million in non-new machine sales, reflecting significant growth in this segment.
Growth in Field Service Technicians
Increased field service technician count by 7% to over 467 members, enhancing service capabilities.
Product Innovations
Launched thirteen new cranes including an EV self-erecting tower crane, expanding product offerings.
Free Cash Flow and Liquidity
Generated $100 million of free cash flow in Q4 and ended the year with $321 million in liquidity.
Safety Achievements
Ended the year with a recordable incident rate of 1.19, marking one of the safest years in company history.
Environmental Initiatives
Reduced greenhouse gas intensity by 6%, with a cumulative reduction of 36% since 2019.
Middle East Market Growth
Fourth-quarter orders in the Middle East were up over 44% year over year.
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MTW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MTW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $9.77 | $10.90 | +11.57% |
| Oct 30, 2024 | $10.37 | $9.34 | -9.93% |
| Aug 07, 2024 | $10.78 | $10.22 | -5.19% |
| May 07, 2024 | $12.63 | $12.42 | -1.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Manitowoc Company (MTW) report earnings?
Manitowoc Company (MTW) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Manitowoc Company (MTW) earnings time?
Manitowoc Company (MTW) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MTW EPS forecast?
MTW EPS forecast for the fiscal quarter 2025 (Q1) is -0.07.
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