Columbus McKinnon (NASDAQ:CMCO – Get Free Report) 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.
Read Our Latest Stock Report on Columbus McKinnon
Columbus McKinnon Stock Down 1.3 %
Columbus McKinnon (NASDAQ:CMCO – Get Free Report) 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.
Read More
- Five stocks we like better than Columbus McKinnon
- What Are Dividend Achievers? An Introduction
- Boeing: Why Analysts Think Now’s The Time To Be Brave
- Trading Halts Explained
- Advanced Micro Devices is Building Momentum with AI: Buy the Dip
- Investing In Preferred Stock vs. Common Stock
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
Receive News & Ratings for Columbus McKinnon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbus McKinnon and related companies with MarketBeat.com's FREE daily email newsletter.