Benzinga | Jan 27, 2022 07:14AM EST

Columbus McKinnon: Q3 Earnings Insights



Columbus McKinnon (NASDAQ:CMCO) reported its Q3 earnings results on Thursday, January 27, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

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Earnings

Columbus McKinnon beat estimated earnings by 11.11%, reporting an EPS of $0.6 versus an estimate of $0.54, which surprised analysts.

Revenue was up $49.54 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01, which was followed by a 3.25% drop in the share price the next day.

Here's a look at Columbus McKinnon's past performance:



Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021EPS Estimate 0.75 0.43 0.51 0.16EPS Actual 0.74 0.69 0.50 0.26Revenue Estimate 228.66M 215.19M 182.40M 156.73MRevenue Actual 223.63M 213.46M 186.24M 166.55M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.