Columbus McKinnon (NASDAQ:CMCO) Releases Earnings Results, Beats Estimates By $0.33 EPS

Columbus McKinnon (NASDAQ:CMCO) announced its quarterly earnings data on Thursday. The industrial products company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.33, FiscalAI reports. Columbus McKinnon had a positive return on equity of 7.09% and a negative net margin of 19.23%.The business had revenue of $531.46 million during the quarter, compared to analyst estimates of $501.27 million. During the same period in the prior year, the company earned $0.50 earnings per share. Columbus McKinnon’s revenue was up 125.3% compared to the same quarter last year. Columbus McKinnon updated its FY 2027 guidance to 1.900-2.100 EPS.

Here are the key takeaways from Columbus McKinnon’s conference call:

• Pro forma sales increased 10% and orders grew approximately 9%, with strength concentrated in the Americas and Asia Pacific. Adjusted EBITDA rose 242% to $111.5 million, while adjusted EPS increased to $0.61.
• The company raised fiscal 2027 guidance to $2.09–$2.15 billion in sales, $405–$420 million of adjusted EBITDA, and $1.90–$2.10 of adjusted EPS. Management expects Q2 to be the weakest quarter, followed by margin improvement through the second half.
• Integration of Kito Crosby is progressing, with early cost synergies flowing primarily through SG&A and management expressing confidence in potentially exceeding the $70 million net annual run-rate synergy target. Revenue synergies are also beginning to emerge, though full realization will take time.
• Approximately 200 basis points of the 300-basis-point pro forma EBITDA margin expansion came from material-cost benefits specific to Q1, including tariff refunds and reserve adjustments; management does not expect these benefits to recur. EMEA demand remains soft, with foreign exchange and regional weakness expected to pressure results.
• Free cash flow excluding deal costs was $32.4 million, a significant improvement from the prior-year outflow, enabling $18.4 million of debt repayment. Net leverage declined to 4.9x, and management reiterated its goal of reducing leverage below 4x by fiscal 2028.

Columbus McKinnon Stock Up 41.7%

Shares of CMCO stock traded up $6.09 during trading hours on Thursday, hitting $20.71. 1,735,979 shares of the company were exchanged, compared to its average volume of 509,402. Columbus McKinnon has a one year low of $11.99 and a one year high of $24.40. The company has a debt-to-equity ratio of 3.38, a quick ratio of 0.98 and a current ratio of 2.02. The stock has a market capitalization of $597.07 million, a price-to-earnings ratio of -3.78 and a beta of 1.39. The business’s 50-day simple moving average is $14.45 and its two-hundred day simple moving average is $16.37.

Columbus McKinnon Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, August 7th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 7th. Columbus McKinnon’s dividend payout ratio (DPR) is presently -5.11%.

Key Stories Impacting Columbus McKinnon

Here are the key news stories impacting Columbus McKinnon this week:

• Positive Sentiment: Adjusted earnings and revenue beat estimates. Fiscal Q1 adjusted EPS was $0.61, compared with the $0.28 analyst consensus, while revenue reached approximately $531.5 million versus expectations of $501.3 million. EPS also improved from $0.50 in the prior-year quarter. Columbus McKinnon Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Kito Crosby acquisition sharply lifted sales and orders. Quarterly revenue increased 125% year over year to $531.5 million, driven primarily by the acquisition. Orders rose 120% to $568.1 million, and the 1.1x book-to-bill ratio indicates orders exceeded shipments, supporting the company’s outlook for the second half of fiscal 2027. Columbus McKinnon Reports Record Orders and Sales
• Positive Sentiment: Fiscal 2027 guidance was raised above consensus. CMCO now expects adjusted EPS of $1.90–$2.10, ahead of the approximately $1.76 consensus estimate. Revenue guidance is $2.09–$2.15 billion, broadly in line with analysts’ $2.1 billion expectation. Management also cited progress on acquisition synergies, margins and cash flow.
• Neutral Sentiment: GAAP results remain pressured by acquisition costs. The company reported an $88.7 million net loss, or $2.05 per diluted share, including $70.3 million of acquisition and integration expenses. Operating cash flow was positive at $25.6 million, but investors will continue to monitor whether synergy gains offset integration costs and the company’s elevated leverage.

Analysts Set New Price Targets

CMCO has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of Columbus McKinnon from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Weiss Ratings lowered shares of Columbus McKinnon from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Zacks Research downgraded shares of Columbus McKinnon from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. Finally, DA Davidson cut their price target on Columbus McKinnon from $20.00 to $17.00 and set a “neutral” rating for the company in a research note on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $22.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CMCO. Invesco Ltd. boosted its position in Columbus McKinnon by 0.4% during the 4th quarter. Invesco Ltd. now owns 1,457,095 shares of the industrial products company’s stock worth $25,135,000 after acquiring an additional 5,210 shares during the period. Mercer Global Advisors Inc. ADV acquired a new position in shares of Columbus McKinnon in the 4th quarter valued at about $273,000. Front Street Capital Management Inc. increased its holdings in shares of Columbus McKinnon by 2.4% in the 4th quarter. Front Street Capital Management Inc. now owns 213,785 shares of the industrial products company’s stock valued at $3,688,000 after purchasing an additional 4,918 shares during the period. Mackenzie Financial Corp purchased a new stake in shares of Columbus McKinnon in the fourth quarter worth approximately $2,001,000. Finally, Empowered Funds LLC lifted its position in shares of Columbus McKinnon by 156.2% in the fourth quarter. Empowered Funds LLC now owns 117,778 shares of the industrial products company’s stock worth $2,032,000 after purchasing an additional 71,813 shares in the last quarter. Hedge funds and other institutional investors own 95.96% of the company’s stock.

About Columbus McKinnon

Columbus McKinnon Corporation is a global designer, manufacturer and marketer of material handling systems and solutions. The company’s product portfolio spans electric and manual hoists, motorized and manual chain and wire rope hoists, end-of-arm tooling, rigging hardware, trolleys and controls. Through its brands, Columbus McKinnon serves customers across a wide range of end markets including manufacturing, warehousing, construction, and energy, providing equipment for lifting, positioning and flow control applications.

With a focus on safety and productivity, Columbus McKinnon integrates advanced technologies such as automation controls, digital load monitoring and Internet-of-Things connectivity into its hoist and crane systems.