Manitowoc (NYSE:MTW) Posts Earnings Results, Misses Estimates By $0.17 EPS

Key Points

• Manitowoc reported Q1 EPS of ($0.13), missing estimates by $0.17, and posted revenue of $494.6 million versus expectations of $517.0 million, although revenue was up 5.0% year‑over‑year.
• The company updated FY2026 guidance to 0.450–0.900 EPS; shares jumped 6.4% to $13.67 on heavy volume, even as analyst sentiment remains weak with a MarketBeat average rating of "Strong Sell" and a $10.50 average target.

Manitowoc (NYSE:MTW - Get Free Report) posted its quarterly earnings data on Tuesday. The industrial products company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.17), Zacks reports. The company had revenue of $494.60 million for the quarter, compared to analysts' expectations of $517.00 million. Manitowoc had a return on equity of 1.71% and a net margin of 0.32%.The business's revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.16) EPS. Manitowoc updated its FY 2026 guidance to 0.450-0.900 EPS.

Here are the key takeaways from Manitowoc's conference call:

• All nine director nominees were elected to one-year terms, maintaining board continuity and governance stability.
• Shareholders approved the 2025 Omnibus Incentive Plan (amended and restated), allowing the company to grant equity and other incentive awards to support executive retention and alignment.
• The appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for 2026 was ratified by shareholders.
• The advisory "say-on-pay" vote for the compensation of named executive officers passed, indicating shareholder support for the company's executive pay practices.
• The company announced its Q1 2026 earnings conference call for tomorrow at 9:00 AM Central Time, available via webcast on the company's website.

Manitowoc Stock Up 6.4%

NYSE MTW traded up $0.82 during trading hours on Tuesday, hitting $13.67. 400,400 shares of the company traded hands, compared to its average volume of 173,303. The business's 50-day moving average is $12.91 and its 200-day moving average is $12.60. Manitowoc has a twelve month low of $7.58 and a twelve month high of $15.56. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.84 and a current ratio of 2.23. The stock has a market capitalization of $490.93 million, a price-to-earnings ratio of 71.96 and a beta of 1.81.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MTW. Quantbot Technologies LP acquired a new position in Manitowoc during the third quarter valued at approximately $47,000. Tower Research Capital LLC TRC boosted its position in Manitowoc by 131.0% during the second quarter. Tower Research Capital LLC TRC now owns 4,541 shares of the industrial products company's stock valued at $55,000 after purchasing an additional 2,575 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in Manitowoc during the second quarter valued at approximately $84,000. Caxton Associates LLP acquired a new position in Manitowoc during the first quarter valued at approximately $112,000. Finally, Squarepoint Ops LLC acquired a new position in Manitowoc during the third quarter valued at approximately $138,000. 78.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MTW. Weiss Ratings lowered Manitowoc from a "hold (c)" rating to a "sell (d+)" rating in a report on Friday, February 20th. Wall Street Zen lowered Manitowoc from a "strong-buy" rating to a "buy" rating in a report on Saturday, February 14th. Barclays cut their price target on Manitowoc from $13.00 to $11.00 and set an "underweight" rating on the stock in a report on Wednesday, April 1st. Finally, Wells Fargo & Company restated an "underweight" rating and issued a $10.00 price target (up from $9.00) on shares of Manitowoc in a report on Friday, January 23rd. Two analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Manitowoc currently has an average rating of "Strong Sell" and an average target price of $10.50.

About Manitowoc

The Manitowoc Company, Inc NYSE: MTW is a global manufacturer of heavy-lift cranes and lifting equipment. The company's product portfolio includes tower cranes marketed under the Potain brand, mobile hydraulic cranes sold under the Grove, Manitowoc and National Crane names, and engineered lifting solutions such as mast climbers and platform hoists. Manitowoc serves a wide range of industries, including construction, infrastructure, energy and industrial markets.

Headquartered in Milwaukee, Wisconsin, Manitowoc operates manufacturing facilities, sales offices and rental centers across North America, Europe, Asia, Latin America and the Middle East.

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