Manitowoc Company

The Manitowoc Co., Inc. provides engineered lifting solutions. The firm designs, manufactures, markets and supports product lines of mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, boom trucks and industrial cranes under the Grove, Potain, Manitowoc, National Crane, Shuttlelift and Manitowoc Crane Care brand names. It operates through the following segments: Americas, EURAF, and MEAP. The Americas segment includes the North America and South America continents. The EURAF segment includes the Europe and Africa continents, excluding the Middle East region. The MEAP segment includes the Asia and Australia continents and the Middle East region. The company was founded in 1902 and is headquartered in Milwaukee, WI.

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Manitowoc surpasses Q4 targets amidst market challenges and opportunities

Manitowoc's Q4 2022 performance exceeded targets with flat orders.
The company faces challenges from inflation, supply chain constraints, and market trends.
Opportunities lie in potential crane renaissance and expanding into new markets.
Strategic focus on ESG initiatives and non-new machine sales shows strength.

Manitowoc Company excels in Q1 2023, eyes growth opportunities

Manitowoc Company's Q1 2023 performance was strong, driven by revenue growth and margin improvement. While facing challenges from global market dynamics and interest rate sensitivity, the company remains focused on community impact and continuous improvement. Opportunities in the Middle East, Europe, and North America offer avenues for growth and expansion.

Manitowoc reports robust Q2 earnings, eyes Middle East opportunities

Manitowoc Company's Q2 2023 performance reflects strong sales and EBITDA growth, driven by strategic initiatives. While facing challenges in Europe, the company is optimistic about long-term prospects and focused on capital efficiency.

Manitowoc Company posts strong Q3 results, eyes global expansion

Manitowoc Company's Q3 performance reflects robust sales, EBITDA growth, and strategic expansion efforts, underpinned by strong order intake and backlog.
While facing challenges in Europe, the company's long-term aspirations, updated guidance, and focus on services and non-new machine sales signal a positive outlook.
By capitalizing on growth opportunities in new regions and pursuing M&A activities, Manitowoc Company aims to achieve its ambitious sales targets and drive sustainable growth.

Manitowoc Company reports strong 2023 performance amidst market challenges

Manitowoc Company's 2023 performance demonstrated growth in sales and adjusted EBITDA, driven by operational improvements. While facing challenges in the European market, the company remains focused on leveraging strengths and seizing opportunities in key regions for continued success in 2024.

Manitowoc reports mixed Q1 performance, focuses on aftermarket growth

Manitowoc Company's Q1 2024 performance reflects a mix of strengths and challenges across different markets. Financially, the company faced a decrease in net sales and EBITDA, but saw growth in orders. Management's focus on innovation, aftermarket growth, and inventory management indicates a proactive approach to navigating market conditions.
Despite facing challenges in the tower crane market and financial metrics, Manitowoc remains optimistic about opportunities in various regions. Analyst inquiries highlighted areas for improvement, which management acknowledged and aims to address. The company's emphasis on strategic priorities and guidance reaffirm its commitment to long-term growth.

Manitowoc Company (MTW) faces mixed market performance in Q3 2024

Manitowoc Company (MTW) navigates through a mixed market landscape in Q3 2024, with a focus on continuous improvement strategies and addressing short-term margin challenges. Opportunities exist in Europe for growth, while challenges persist in Asia Pacific.

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The Manitowoc Co., Inc. engages in engineered lifting solutions. The firm designs, manufactures, markets, and supports product lines of mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, boom trucks and industrial cranes under the Grove, Potain, Manitowoc, National Crane, Shuttlelift and Manitowoc Crane Care brand names. It operates through the following geographical segments: Americas, Europe and Africa, and Middle East and Asia Pacific. The Americas segment includes the North America and South America continents. The Europe and Africa segment refers to the Europe and Africa continents, excluding the Middle East region. The Middle East and Asia Pacific segment focuses on the Asia and Australia continents and the Middle East region. The company was founded in 1902 and is headquartered in Milwaukee, WI.

MILWAUKEE, Wis.--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported first-quarter net income of $4.5 million, or $0.12 per diluted share. First-quarter adjusted net income(1) was $5.1 million, or $0.14 per diluted share. Net sales in the first quarter decreased 2.6% year-over-year to $495.1 million. First-quarter adjusted EBITDA(1) was $31.3 million, a decrease of $13.8 million or 30.6% from the prior year. First-quarter orders were $554.1 mil.

The Manitowoc Company Reports First-Quarter 2024 Financial Results

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its first-quarter 2024 results on Tuesday, May 7, 2024, after the close of market. The Company will host a conference call to discuss its results and outlook on Wednesday, May 8, 2024, at 10:00 a.m. ET (9:00 a.m. CT). The conference call will be available via webcast on the Manitowoc website at http://ir.manitowoc.com in the “Events & Presentations” section. A replay of the conference ca.

The Manitowoc Company Schedules First-quarter 2024 Earnings Announcement and Conference Call

The Manitowoc Company ( MTW ) is a global provider of crane-based lifting solutions for the world's builders of skyscrapers, bridges, mining, and other complex projects requiring heavy vertical feats. Founded in 1902, MTW provides engineered lifting solutions for numerous industries, from housing to helipads.

Bear of the Day: Manitowoc (MTW)

Investors need to pay close attention to Manitowoc (MTW) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Manitowoc (MTW) Stock?

In the latest trading session, The Manitowoc Company, Inc. (MTW) closed at $14.09, marking a +1.29% move from the previous day.

The Manitowoc Company, Inc. (MTW) Laps the Stock Market: Here's Why

The Manitowoc Company, Inc. (MTW) closed the most recent trading day at $14.14, moving +0.86% from the previous trading session.

The Manitowoc Company, Inc. (MTW) Exceeds Market Returns: Some Facts to Consider

MILWAUKEE, Wis.--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) announced today that board member John C. Pfeifer has chosen not to stand for reelection to the Company's Board of Directors; therefore, his term will end at the May 7, 2024 annual meeting of shareholders. First appointed to the Manitowoc board in 2016, as the President and Chief Executive Officer of Oshkosh Corporation Mr. Pfeifer brought expert and deep operational experience and advice from the machinery industry. He w.

The Manitowoc Company Announces Upcoming Change in its Board of Directors

The Manitowoc Company, Inc. (MTW) closed the most recent trading day at $13.45, moving +1.74% from the previous trading session.

Why The Manitowoc Company, Inc. (MTW) Outpaced the Stock Market Today

The Manitowoc Company, Inc. (MTW) closed the most recent trading day at $13.02, moving +0.46% from the previous trading session.

The Manitowoc Company, Inc. (MTW) Ascends While Market Falls: Some Facts to Note

Value investing involves buying stocks at a low price during market downturns, with the expectation of a future recovery. The Manitowoc Company, a producer of equipment like cranes, experienced a decline in revenue and orders in 2023. Despite weak leading indicators, management expects global demand for mobile cranes to remain strong, and the stock is still attractively priced compared to similar firms.

The Manitowoc Company Deserves To Rise From Here

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) announced today that its management will participate in the JP Morgan High Yield and Leveraged Finance Conference on Monday, February 26, 2024. A slide presentation will be available on The Manitowoc Company website at http://ir.manitowoc.com in the “Events & Presentations” section. About The Manitowoc Company, Inc. The Manitowoc Company was founded in 1902 and has over a 120-year tradition of providing high-quality, custom.

The Manitowoc Company to Attend JPMorgan High Yield and Leveraged Finance Conference

Manitowoc is a global leader in engineered lifting solutions, operating under three major segments: Americas, Europe and Africa, and Middle East, Australia, and Asia Pacific. The company reported a decline in revenue and adjusted EBITDA margin in the last quarter of 2023 due to softness in demand in the Europe region. Despite short-term challenges, Manitowoc's long-term prospects look promising, with potential growth opportunities in Saudi Arabia and expansion initiatives in North America.

The Manitowoc Company: Recent Correction Is A Good Opportunity

The Manitowoc Company, Inc. (MTW) Q4 2023 Earnings Call Transcript

Manitowoc (MTW) witnessed year-over-year declines in earnings and revenues in the fourth quarter of 2023.

Manitowoc (MTW) Q4 Earnings Miss Estimates, Decline Y/Y

Manitowoc beat on sales but missed on earnings last night. Demand for cranes remains strong, and sales should continue growing in 2024 -- but profits will probably decline.

Why Manitowoc Stock Fell 14% Today

The Manitowoc Company, Inc. (MTW) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.74 per share a year ago.

The Manitowoc Company, Inc. (MTW) Q4 Earnings Lag Estimates

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported a fourth-quarter net loss of $7.9 million, or $0.23 per diluted share. Fourth-quarter adjusted net income(1) was $3.4 million or $0.09 per diluted share. Net sales in the fourth quarter decreased 4.2% year-over-year to $595.8 million and were favorably impacted by $9.0 million from changes in foreign currency exchange rates. Fourth-quarter adjusted EBITDA(1) was $36.5 million, a dec.

The Manitowoc Company Reports Fourth-Quarter and Full-Year 2023 Financial Results and Full-Year 2024 Guidance

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The Manitowoc Company, Inc. (MTW) reachead $16.86 at the closing of the latest trading day, reflecting a -1.06% change compared to its last close.

The Manitowoc Company, Inc. (MTW) Stock Falls Amid Market Uptick: What Investors Need to Know

The latest trading day saw The Manitowoc Company, Inc. (MTW) settling at $16.58, representing a -0.72% change from its previous close.

The Manitowoc Company, Inc. (MTW) Stock Sinks As Market Gains: Here's Why

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its fourth-quarter 2023 and full-year 2023 results on Wednesday, February 14, 2024, after the close of market. The Company will host a conference call to discuss its results and outlook on Thursday, February 15, 2024, at 10:00 a.m. ET (9:00 a.m. CT). The conference call will be available via webcast on the Manitowoc website at http://ir.manitowoc.com in the “Events & Presentations” secti.

The Manitowoc Company Schedules Fourth-quarter 2023 and Full-year 2023 Earnings Announcement and Conference Call

The Manitowoc Company, Inc. (MTW) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

The Manitowoc Company, Inc. (MTW) Is Attractively Priced Despite Fast-paced Momentum

In the closing of the recent trading day, The Manitowoc Company, Inc. (MTW) stood at $16.32, denoting a +0.37% change from the preceding trading day.

The Manitowoc Company, Inc. (MTW) Increases Despite Market Slip: Here's What You Need to Know

The latest trading day saw The Manitowoc Company, Inc. (MTW) settling at $15.53, representing a -1.52% change from its previous close.

The Manitowoc Company, Inc. (MTW) Stock Declines While Market Improves: Some Information for Investors

The Manitowoc Company, Inc. (MTW) closed at $15.53 in the latest trading session, marking a +0.39% move from the prior day.

News for Manitowoc Company Stock (MTW)