Columbus McKinnon: Fiscal Q3 Earnings Snapshot

Associated Press Finance
02-11

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Columbus McKinnon Corp. (CMCO) on Monday reported fiscal third-quarter profit of $4 million.

On a per-share basis, the Charlotte, North Carolina-based company said it had profit of 14 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to 56 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.

The maker of materials handling products and systems posted revenue of $234.1 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMCO at https://www.zacks.com/ap/CMCO

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