CMCO Stock Recent News

CHARLOTTE, N.C.--(BUSINESS WIRE)--Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its third quarter fiscal 2024 results before the markets open on Wednesday, January 31, 2024. Following the release, management will host a conference call at 10:00 a.m. Eastern Time to review the financial and operating results for the period and discuss its corporate strategy and outlook. The conferenc.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

CHARLOTTE, N.C.--(BUSINESS WIRE)--CMCO Presents on Dec 7 @ 11:30am ET for Sidoti Virtual Conference.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Columbus McKinnon Corporation (NASDAQ:CMCO ) Q2 2024 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Deborah Pawlowski - Kei Advisors David Wilson - President, CEO & Director Gregory Rustowicz - EVP, Finance, CFO & Treasurer Conference Call Participants Matt Summerville - D.A. Davidson & Co. Jonathan Tanwanteng - CJS Securities Stephen Ferazani - Sidoti & Company Walter Liptak - Seaport Research Partners Operator Greetings, and welcome to Columbus McKinnon Second Quarter Fiscal Year 2024 Financial Results.

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Columbus McKinnon's shares have declined about 10% this year, as companies have pulled back on investments in factory and logistics automation in the face of demand uncertainties and inventory corrections. Management continues to execute its streamlining and M&A plans, most recently acquiring monatratec and a stronger presence in asynchronous motion control and growth markets like life sciences and semiconductors. Despite short-term challenges, Columbus McKinnon is expected to benefit from ongoing investments in automation and the reshoring of manufacturing.

Columbus McKinnon Corporation (NASDAQ:CMCO ) Q1 2024 Earnings Call Transcript August 2, 2023 10:00 AM ET Company Participants Deborah Pawlowski - Head of Investor Relations David Wilson - President and CEO Gregory Rustowicz - CFO Conference Call Participants Matt Summerville - D.A. Davidson Lee Jagoda - CJS Securities Steve Ferazani - Sidoti Walter Liptak - Seaport Research Operator Hello, and welcome to the Columbus McKinnon Corporation First Quarter Fiscal Year 2024 Financial Results Conference Call.

Columbus McKinnon (CMCO) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.69 per share a year ago.

Columbus McKinnon offers smart mobility products and expects to benefit from global megatrends like automation and digitalization. CMCO has impressive financial expectations for the year 2027 and is launching new solutions like Intelli-Connect. With a solid balance sheet and expertise in M&A, inorganic growth could lead to significant net sales growth for Columbus.