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Columbus McKinnon (CMCO) Tops Q1 EPS by 1c ; Provides Outlook

July 31, 2024 6:33 AM EDT

Columbus McKinnon (NASDAQ: CMCO) reported Q1 EPS of $0.62, $0.01 better than the analyst estimate of $0.61. Revenue for the quarter came in at $239.7 million versus the consensus estimate of $240.56 million.

Outlook:-

Second quarter 2025 guidance assumes approximately $9 million of interest expense, $8 million of amortization, an effective tax rate of 25% and 29.2 million diluted average shares outstanding. The Company’s second quarter fiscal 2025 guidance reflects the expected effect of the consolidation of North American linear motion production into the new Monterrey, MX manufacturing center of excellence.

For earnings history and earnings-related data on Columbus McKinnon (CMCO) click here.



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