Columbus McKinnon Corporation Stock Earnings Reports
Columbus McKinnon Earnings Calls
Release date | Feb 10, 2025 |
EPS estimate | $0.740 |
EPS actual | $0.560 |
EPS Surprise | -24.32% |
Revenue estimate | 257.48M |
Revenue actual | 234.138M |
Revenue Surprise | -9.07% |
Release date | Oct 30, 2024 |
EPS estimate | $0.690 |
EPS actual | $0.700 |
EPS Surprise | 1.45% |
Revenue estimate | 248.74M |
Revenue actual | 242.274M |
Revenue Surprise | -2.60% |
Release date | Jul 31, 2024 |
EPS estimate | $0.620 |
EPS actual | $0.620 |
Revenue estimate | 241.25M |
Revenue actual | 239.726M |
Revenue Surprise | -0.632% |
Release date | May 29, 2024 |
EPS estimate | $0.84 |
EPS actual | $0.750 |
EPS Surprise | -10.71% |
Revenue estimate | 267.35M |
Revenue actual | 265.504M |
Revenue Surprise | -0.690% |
Last 4 Quarters for Columbus McKinnon
Below you can see how CMCO performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Release date | May 29, 2024 |
Fiscal end date | Mar 31, 2024 |
Price on release | $40.65 |
EPS estimate | $0.84 |
EPS actual | $0.750 |
EPS surprise | -10.71% |
Date | Price |
---|---|
May 22, 2024 | $44.94 |
May 23, 2024 | $44.51 |
May 24, 2024 | $44.90 |
May 28, 2024 | $43.93 |
May 29, 2024 | $40.65 |
May 30, 2024 | $39.49 |
May 31, 2024 | $39.10 |
Jun 03, 2024 | $37.21 |
Jun 04, 2024 | $37.06 |
4 days before | -9.55% |
4 days after | -8.83% |
On release day | -2.85% |
Change in period | -17.53% |
Release date | Jul 31, 2024 |
Fiscal end date | Jun 30, 2024 |
Price on release | $38.16 |
EPS estimate | $0.620 |
EPS actual | $0.620 |
Date | Price |
---|---|
Jul 25, 2024 | $38.60 |
Jul 26, 2024 | $39.41 |
Jul 29, 2024 | $39.30 |
Jul 30, 2024 | $39.26 |
Jul 31, 2024 | $38.16 |
Aug 01, 2024 | $36.87 |
Aug 02, 2024 | $35.62 |
Aug 05, 2024 | $33.73 |
Aug 06, 2024 | $33.60 |
4 days before | -1.14% |
4 days after | -11.95% |
On release day | -3.38% |
Change in period | -12.95% |
Release date | Oct 30, 2024 |
Fiscal end date | Sep 30, 2024 |
Price on release | $32.13 |
EPS estimate | $0.690 |
EPS actual | $0.700 |
EPS surprise | 1.45% |
Date | Price |
---|---|
Oct 24, 2024 | $32.58 |
Oct 25, 2024 | $32.44 |
Oct 28, 2024 | $32.89 |
Oct 29, 2024 | $32.24 |
Oct 30, 2024 | $32.13 |
Oct 31, 2024 | $31.81 |
Nov 01, 2024 | $31.96 |
Nov 04, 2024 | $31.42 |
Nov 05, 2024 | $33.63 |
4 days before | -1.38% |
4 days after | 4.67% |
On release day | -1.00% |
Change in period | 3.22% |
Release date | Feb 10, 2025 |
Fiscal end date | Dec 31, 2024 |
Price on release | $35.48 |
EPS estimate | $0.740 |
EPS actual | $0.560 |
EPS surprise | -24.32% |
Date | Price |
---|---|
Feb 04, 2025 | $35.42 |
Feb 05, 2025 | $34.82 |
Feb 06, 2025 | $34.74 |
Feb 07, 2025 | $34.25 |
Feb 10, 2025 | $35.48 |
Feb 11, 2025 | $20.87 |
Feb 12, 2025 | $19.84 |
Feb 13, 2025 | $20.50 |
Feb 14, 2025 | $20.48 |
4 days before | 0.169% |
4 days after | -42.28% |
On release day | -41.18% |
Change in period | -42.18% |
Columbus McKinnon Earnings Call Transcript Summary of Q4 2024
Operational Improvements
- Supply Chain Efficiency: Improved on-time delivery by 12% and reduced past due backlog by 73%, which positively affected customer experience and satisfaction.
- Expansion of Product Lines: Experienced growth across all business areas, including:
- Automation
- Precision conveyance
- Lifting
- Linear motion
- Acquisition Integration: The integration of Montratec contributed positively in terms of sales and underscored the potential for growth in new markets.
Order Trends
- Order Growth: Orders increased by 5% in the fourth quarter and 3% on an organic basis, with particular strength in precision conveyance and lifting orders.
- Future Outlook: The company anticipates low single-digit sales growth and mid to high single-digit adjusted EPS growth for fiscal 2025. Management expresses a cautious yet optimistic outlook due to macroeconomic conditions.
Financial Guidance and Strategy
- Debt Management: The net leverage ratio stands at 2.4x, with plans to reduce it to approximately 2x by the end of fiscal year 2025 through ongoing debt repayment.
- Investments in Growth: Anticipated capital expenditures between $20-$30 million, reflecting ongoing investments in operational efficiency and the new footprints in Mexico and Germany.
Risks and Considerations
- Macro-Economic Headwinds: The management emphasized caution in their guidance, citing uncertainties related to sustained high interest rates, inflation risks, and a volatile geopolitical landscape impacting demand patterns.
Long-Term Strategy
Columbus McKinnon is focused on enhancing customer experience, operational excellence, and leveraging scale to drive future growth and profitability. They aim to achieve a gross margin goal of 40% over the next several years.
Conclusion
Despite a record fiscal 2024 and positive operational trends, Columbus McKinnon is taking a prudent approach in its outlook for fiscal 2025 due to potential macroeconomic challenges. Investors may want to monitor ongoing operational improvements, debt reduction efforts, and the integration of acquired businesses as indicators of long-term growth potential.