Columbus McKinnon Earnings Preview: Can This Streak Continue?

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Columbus McKinnon (NASDAQ:CMCO) will report earnings before markets open on Thursday, May 23rd. Columbus McKinnon Corporation designs, manufactures, and distributes a variety of material handling, lifting, and positioning products. The Company’s products are sold to distributors and end-users in the general manufacturing, crane building, mining, construction, transportation, entertainment, power generation, agriculture, marine, lodging, and medical markets.

Here is your Cheat Sheet to Columbus Mckinnon Earnings:

Earnings Expectations: Analysts expect earnings of $0.38 per share on revenues of $151.20 million. Currently, the company’s P/E ratio stands at 10.54.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.34 and has not changed. For the current year, the average estimate is a profit of $1.74, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Columbus Mckinnon has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 607 476 524 592
Diluted EPS ($) -4.16 -0.37 -1.89 1.38

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 159.57 153.01 146.47 153.23
Diluted EPS ($) 0.46 0.43 0.42 0.49

Past Performance:
Columbus Mckinnon has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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