Columbus McKinnon (NASDAQ: CMCO) released its earnings data on Friday. The company reported $0.49 earnings per share for the quarter, beating the analysts? consensus estimate of $0.29 by $0.20. The company had revenue of $158.20 million for the quarter, compared to the consensus estimate of $143.95 million. During the same quarter last year, the company posted $0.33 earnings per share. Columbus McKinnon?s revenue was up 7.3% compared to the same quarter last year.
Shares of Columbus McKinnon (CMCO) opened at 16.22 on Friday. Columbus McKinnon (CMCO) has a 52 week low of $12.80 and a 52 week high of $18.02. The stock?s 50-day moving average is currently $15.99. The company has a market cap of $315.0 million and a P/E ratio of 9.25.
Columbus McKinnon Corporation is a global designer, manufacturer and marketer of hoists, cranes, actuators, chain, forged attachments, lift and other material handling products serving a range of commercial and industrial markets.