Manitowoc Co Q1 2024 Adj EPS $0.14 Misses $0.18 Estimate, Sales $495.100M Beat $494.898M Estimate

Manitowoc Co (NYSE:MTW) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $0.18 by 22.22 percent. This is a 69.57 percent decrease over earnings of $0.46 per share from the same period last year. The company reported quarterly sales of $495.100 million which beat the analyst consensus estimate of $494.898 million by 0.04 percent. This is a 2.60 percent decrease over sales of $508.300 million the same period last year.