Columbus McKinnon (NASDAQ:CMCO – Get Free Report) issued an update on its third quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.740-0.740 for the period, compared to the consensus earnings per share estimate of 0.820. The company issued revenue guidance of $254.1 million-$254.1 million, compared to the consensus revenue estimate of $264.0 million. Columbus McKinnon also updated its Q3 guidance to $0.74 EPS.
Analysts Set New Price Targets
Separately, StockNews.com cut Columbus McKinnon from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd.
Read Our Latest Stock Report on CMCO
Columbus McKinnon Trading Down 2.0 %
Columbus McKinnon (NASDAQ:CMCO – Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The industrial products company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Columbus McKinnon had a return on equity of 9.50% and a net margin of 4.52%. The firm had revenue of $239.73 million during the quarter, compared to analyst estimates of $241.25 million. During the same period last year, the company posted $0.62 EPS. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. As a group, analysts anticipate that Columbus McKinnon will post 3.02 earnings per share for the current fiscal year.
Columbus McKinnon Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, November 18th. Investors of record on Friday, November 8th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Friday, November 8th. Columbus McKinnon’s payout ratio is currently 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.
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