Columbus McKinnon (NASDAQ:CMCO) Releases Q3 Earnings Guidance

Columbus McKinnon (NASDAQ:CMCO) updated its third quarter earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.74 for the period, compared to the consensus estimate of $0.82. The company issued revenue guidance of $254.1 million, compared to the consensus revenue estimate of $263.96 million. Columbus McKinnon also updated its Q3 2025 guidance to 0.740-0.740 EPS.

Analyst Ratings Changes

Separately, StockNews.com cut Columbus McKinnon from a “buy” rating to a “hold” rating in a research note on Friday, August 2nd.

Columbus McKinnon Stock Down 1.3 %

CMCO stock traded down $0.41 during trading on Wednesday, hitting $31.83. 63,882 shares of the stock traded hands, compared to its average volume of 172,367. The stock has a market cap of $918.58 million, a price-to-earnings ratio of 19.90 and a beta of 1.17. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.07 and a quick ratio of 1.20. Columbus McKinnon has a 1 year low of $29.26 and a 1 year high of $45.84. The firm’s 50 day moving average is $33.30 and its two-hundred day moving average is $36.39.

Columbus McKinnon (NASDAQ:CMCO) last posted its quarterly earnings results on Wednesday, July 31st. The industrial products company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.01. The firm had revenue of $239.73 million during the quarter, compared to analysts’ expectations of $241.25 million. Columbus McKinnon had a return on equity of 9.50% and a net margin of 4.52%. The company’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.62 earnings per share. On average, sell-side analysts anticipate that Columbus McKinnon will post 3.02 EPS for the current year.

Columbus McKinnon Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 18th. Investors of record on Friday, November 8th will be given a dividend of $0.07 per share. The ex-dividend date is Friday, November 8th. This represents a $0.28 annualized dividend and a yield of 0.88%. Columbus McKinnon’s dividend payout ratio (DPR) is 17.28%.

About Columbus McKinnon

Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual, battery, electric, and air hoists; steel, rack, and pinion jacks; winches, hydraulic jacks and tools, trolleys and its clamps, and lifting tables; skates and heavy load moving systems; material handling equipment; mobile, workplace, and jib cranes; crane components and kits; and below-the-hook lifting devices, lifting slings, and lashing systems.