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Manitowoc (NYSE:MTW) Announces Earnings Results
['Patrick Bannon']
Daily Political
Manitowoc (NYSE:MTW – Get Free Report) issued its earnings results on Thursday.
The industrial products company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.35, Zacks reports.
According to MarketBeat.com, the stock has an average rating of “Strong Sell” and an average target price of $10.33.
Insider ActivityIn other news, Director Kenneth W. Krueger sold 9,000 shares of Manitowoc stock in a transaction on Tuesday, May 19th.
About Manitowoc(Get Free Report)The Manitowoc Company, Inc (NYSE: MTW) is a global manufacturer of heavy-lift cranes and lifting equipment.