Columbus McKinnon (NASDAQ:CMCO) Updates Q3 Earnings Guidance

Columbus McKinnon (NASDAQ:CMCO) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.74 for the period, compared to the consensus EPS estimate of $0.82. The company issued revenue guidance of $254.1 million, compared to the consensus revenue estimate of $263.96 million. Columbus McKinnon also updated its Q3 2025 guidance to 0.740-0.740 EPS.

Columbus McKinnon Price Performance

CMCO traded up $0.15 on Friday, hitting $31.96. 354,027 shares of the stock were exchanged, compared to its average volume of 176,485. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.07 and a quick ratio of 1.20. Columbus McKinnon has a 12 month low of $29.26 and a 12 month high of $45.84. The business has a 50-day moving average of $33.23 and a two-hundred day moving average of $36.27. The firm has a market capitalization of $923.00 million, a price-to-earnings ratio of 60.30 and a beta of 1.17.

Columbus McKinnon (NASDAQ:CMCO) last posted its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.01. The business had revenue of $242.27 million during the quarter, compared to the consensus estimate of $249.75 million. Columbus McKinnon had a return on equity of 9.24% and a net margin of 1.51%. Sell-side analysts forecast that Columbus McKinnon will post 3.02 EPS for the current fiscal year.

Columbus McKinnon Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 18th. Investors of record on Friday, November 8th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date is Friday, November 8th. Columbus McKinnon’s dividend payout ratio is currently 52.83%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Columbus McKinnon from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd.

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.