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Investing.com - Columbus McKinnon reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Columbus McKinnon announced earnings per share of $0.49 on revenue of $231.7M. Analysts polled by Investing.com EPS of $0.73 on revenue of $237.52M.
Columbus McKinnon 's are down 29% and is trading at $28.13 , still down 48.10% from its 52 week high of $54.20 set on Monday, November 8, 2021.
Columbus McKinnon follows other major Industrials sector earnings this month
Columbus McKinnon's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar