Benzinga | Aug 5, 2020 05:52PM EDT

Manitowoc Co Q2 Adj. EPS $(0.37) Beats $(0.58) Estimate, Sales $328.30M Beat $279.79M Estimate

Manitowoc Co (NYSE:MTW) reported quarterly losses of $(0.37) per share which beat the analyst consensus estimate of $(0.58) by 36.21 percent. This is a 139.36 percent decrease over earnings of $0.94 per share from the same period last year. The company reported quarterly sales of $328.30 million which beat the analyst consensus estimate of $279.79 million by 17.34 percent. This is a 34.95 percent decrease over sales of $504.70 million the same period last year.