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Manitowoc Co Inc  (MTW)
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EARNINGS REPORT by CSIMarket

Slipped into Red, Sales are Up

Manitowoc Co Inc announced forth quarter 2018 operating deficit of $-62 millions, revenue expected to reach $3,770 millions, for the Year

Terex__By_Christian_Allinger__[CC-BY-SA-2.0_(http_creativecommons.org_licensesby-sa2.0)]_via_Wikimedia_CommonsManitowoc Co Inc announced earnings per share of $-2.20 and Sales of $450 millions in the forth quarter 2018, Company's slipped into loss per share, versus $0.25 eps, earned in the same quarter a year ago, although Manitowoc Co Inc saw it's Sales rise by 7.02 % in the same period.

In contrast to the third quarter 2018 Sales advanced by 14.49 % from $450 millions and eps fell from $0.32 per share.
Manitowoc Co Inc said it's sales growth was driven by Foodservice equipment segment up 1.97%, while sales in Cranes or related products segment fell -23.01%.
For the forth quarter 2018 Manitowoc Co Inc logged net loss of $-78 million, instead of net income of $35 millions achieved in the same quarter a year before.Company provided revenue outlook in the range between, $3,692 millions and $3,848 millions.

Beside announcing a net loss in the forth quarter 2018, Construction & Mining Machinery company, also faced declines in Crane segment backlog -11.82 %.
Manitowoc Co Inc reported net loss of $-67 millions and Sales of $1.85 billions for the fiscal year 2018.

Construction & Mining Machinery company said its eps were at $-1.89 compare to $0.26 in the previous fiscal year, while Sales improved by 16.79 % from $1.58 billions a year ago.

Manitowoc Co Inc is expected to report next financial results on April 29, 2019.


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Company has managed to turn into profitability on declining sales, eps was at $0.81 in the forth quarter but Sales declined by -0.08 % to $1.00 billions compare to previous year quarter.

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Motorola Solutions, Inc announced forth quarter operating profit of $517 millions

Motorola Solutions, Inc announced earnings per share of $2.44 and Sales of $1.86 billions in the forth quarter, Company's earnings turn positive per share, versus $-3.55 eps, earned in the same quarter a year ago, although Motorola Solutions, Inc saw it's Sales rise by 15.13 % in the same period.

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A $4,932.00 million tax benefit, helped Pepsico Inc to post $4.83 eps in the forth quarter

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Spx Corp announced forth quarter operating surplus of $52.2 millions

Spx Corp faced contraction in eps, despite Sales growth in the forth quarter, income dropped by -31.53 % to $0.88 per share, while Sales increased in double digits by 14.99 % to $445.00 millions, from the same quarter a year ago.

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The decline in nonresidential offsets gains in residential construction spending

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CPI down but core up

Decline in commodity prices led the decrease in U.S. consumer prices.

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Economy gains 304,000 jobs, but the unemployment rate climbs to 4.0 %

The nonfarm payrolls grew 304,000 in January, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending, as the hiring in the private sector accelerates and the public sector creates new jobs.

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Vishay Intertechnology Inc announced forth quarter operating surplus of $119.667 millions

For the forth quarter earnings jumped by 68.35 % to $0.69 per share, followed by Sales increase of 14.46 % to $775.89 millions, compared with the prior year period.

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Weyerhaeuser Co announced forth quarter operating profit of $177 millions

Weyerhaeuser Co announced very strong Sales growth of 199.29 % year on year to $5.46 billions in the forth quarter, but slipped into loss at $-0.12.

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A $163.00 million tax benefit, helped Nextera Energy Inc to post $0.74 eps in the forth quarter

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Other MTW's Earnings Reports

Manitowoc Co Inc reported third quarter 2018 earnings

Manitowoc Co Inc reported second quarter 2018 earnings

Manitowoc Co Inc reported first quarter 2018 earnings

     
       
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