Benzinga | Nov 3, 2021 04:47PM EDT

Manitowoc Co Q3 Adj. EPS $0.06 Misses $0.11 Estimate, Sales $404.50M Miss $457.17M Estimate

Manitowoc Co (NYSE:MTW) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.11 by 45.45 percent. This is a 40 percent decrease over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $404.50 million which missed the analyst consensus estimate of $457.17 million by 11.52 percent. This is a 13.75 percent increase over sales of $355.60 million the same period last year.