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Manitowoc (MTW) Declines 35% YTD: What's Ailing the Stock?
MTWManitowoc(MTW) ZACKS·2024-06-18 01:20

Zacks Investment Research Image Source: Zacks Investment Research Downward Revision Activity in Estimates: The earnings estimates for the current year have been revised downward by 3% over the past 30 days. The Zacks Consensus Estimate for 2024 earnings is currently pegged at $1.25, which indicates year-over-year growth of 17.8%. The company has also reported year-over-year declines in adjusted gross profit and adjusted operating profit in the past two quarters. The decline is primarily attributable to decr ...