{
  "id": 18021197,
  "title": "Manitowoc earnings beat by $0.11, revenue topped estimates",
  "url": "https://urgent.news/2026/11/03/manitowoc-earnings-beat-by-0-11-revenue-topped-estimates",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T21:15:22.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/manitowoc-earnings-beat-by-011-revenue-topped-estimates-4996432"
  },
  "original_language": "en",
  "account": "Manitowoc, a company listed on the NYSE under the ticker MTW, reported a stronger-than-expected financial performance for the third quarter, surpassing analyst estimates in both earnings per share (EPS) and revenue.\n\nThe company disclosed an EPS of $0.31, which exceeded the anticipated $0.20, marking a $0.11 increase over the average forecast. Sales for the quarter totaled $676.4 million, significantly surpassing the expected $577.1 million.\n\nLooking ahead, Manitowoc has forecasted EPS for the fiscal year 2026 to fall between $0.90 and $1.25, slightly higher than the consensus estimate of $0.92. Additionally, the company anticipates its revenue for the same period to range between $2.30 billion and $2.40 billion, also outpacing the analyst consensus of $2.32 billion.\n\nThe company's stock price concluded at $23.81, reflecting a substantial rise of 26.58% over the past three months and an impressive 137.62% increase over the last 12 months. Manitowoc has experienced a total of two revisions to its EPS estimates in the past 90 days, with one revision being positive and the other negative.\n\nInvestingPro has rated Manitowoc's financial health as \"good performance.\" For those interested in Manitowoc's recent earnings performance and financials, detailed information is available on the Investing.com platform. To stay informed about upcoming earnings reports, investors are encouraged to explore Investing.com's dedicated earnings calendar.",
  "summary": null,
  "key_points": [
    "Earnings per share of $0.31 exceeded expectations by $0.11",
    "Revenue of $676.4 million surpassed forecasted $577.1 million",
    "Forecasted 2026 EPS between $0.90 and $1.25, higher than $0.92 consensus"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}