Manitowoc Company, Inc. Stock News

The Manitowoc Company, Inc. (NYSE:MTW ) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Ion Warner - Senior Vice President, Marketing & Investor Relations Aaron Ravenscroft - President & Chief Executive Officer Brian Regan - Executive Vice President & Chief Financial Officer Conference Call Participants Jerry Revich - Goldman Sachs Steven Fisher - UBS Operator Good...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported first-quarter orders of $610.3 million, a 10.1% increase from the prior year driven by a 68.3% increase in new machine orders in the Company's European tower crane business and a 23.8% increase in the Company's Americas segment. The Company ended the quarter with a backlog of $797.8...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its first-quarter 2025 results on Tuesday, May 6, 2025, after the close of market. The Company will host a conference call to discuss its results and outlook on Wednesday, May 7, 2025, at 11:00 a.m. ET (10:00 a.m. CT). The conference call will be available via webcast on the Manitowoc websit...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW), (the “Company” or “Manitowoc”) a leading global manufacturer of cranes and lifting solutions, filed an anti-dumping petition with the U.S. International Trade Commission and U.S. Department of Commerce alleging predatory dumping by producers of lattice-boom crawler cranes from Japan. Aaron H. Ravenscroft, President and Chief E...

Despite a 40.9% decline in The Manitowoc Company's stock, I maintain a 'buy' rating due to its current undervaluation and potential for future growth. Recent financial results show mixed performance, with revenue declines in the Americas and EURAF regions, but growth in the MEAP segment. Profitability metrics are concerning, with significant drops in operating cash flow and EBITDA, although net...

The Manitowoc Company, Inc. (NYSE:MTW ) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Ion Warner - Senior Vice President, Marketing & Investor Relations Aaron Ravenscroft - President & Chief Executive Officer Brian Regan - Executive Vice President & Chief Financial Officer Operator Good day, and welcome to the Manitowoc Fourth Quarter and Full Year 2024 Ear...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported fourth-quarter net income of $56.7 million, or $1.59 per diluted share. Fourth-quarter adjusted net income(1) was $3.7 million or $0.10 per diluted share. Orders in the quarter were $515.6 million, an 8.4% increase from the prior year. Backlog as of December 31, 2024 was $650.2 mill...

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (“the Company” or “Manitowoc”), a leading global manufacturer of cranes and lifting solutions, announced today that through its wholly- owned subsidiary, MGX Equipment Services, LLC, it has completed the acquisition of certain crane assets of Ring Power Corporation (“Ring Power”). This transaction expands Manitowoc's direct-to-...