The Manitowoc Company Inc reported in III. Quarter net earnings per share of $0.07 an increase by 600 % year on year from $0.01 and decline of -83.33 % from $0.42 earned in II. Quarter (Jun 30 2022).
III. Quarter
Earnings Per Share
Revenues
$ 0.07
$
455 Mill
$+0.06+600 %
$+50M+12.41 %
The Manitowoc Inc 's Revenue
rose by
12.41 % in III. Quarter (Sep 30 2022) year on year,
to $455 million and
declined by
-8.55 % sequentially.
The Manitowoc Inc is Expected to report next financial results on February 21, 2023.
The Manitowoc Inc 's
net income of $2.300 million in III. Quarter increased by 1050 % from net earnings of $0.200 million achieved in III. Quarter a year ago.
Sequentially
net earnings fell by -84.77 % from net income of $15.100 million realized in previous quarter.
The Manitowoc Inc Income
Growth by Division
• Foodservice equipment 13.73% Y/Y
• Cranes & related products -89.66% Y/Y
Inventories grew by 18.51 % to $672 million from III. Quarter a year ago, sequentially inventories rose by 0.49 %.
MTW's Cash flow
In III. Quarter company's net cash flow was $0 million, capital expenditures fell by 117.39%, to $-15 millions compare to same quarter a year ago and fell by 85.19% from II. Quarter (Jun 30 2022).
