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 earnings per share (EPS) guidance of $0.74 for the period, compared to the consensus 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.

Analyst Ratings Changes

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

Columbus McKinnon Price Performance

Shares of CMCO traded up $0.15 during midday trading on Friday, hitting $31.96. 354,027 shares of the company traded hands, compared to its average volume of 176,485. Columbus McKinnon has a 52 week low of $29.26 and a 52 week high of $45.84. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.20 and a current ratio of 2.07. The firm has a 50 day moving average of $33.23 and a 200-day moving average of $36.27. The stock has a market cap of $923.00 million, a price-to-earnings ratio of 60.30 and a beta of 1.17.

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

Columbus McKinnon Dividend Announcement

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

Columbus McKinnon Company Profile

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.