Manitex International, Inc. (NASDAQ:MNTX) provider of engineered lifting and loading products, is reporting third quarter earnings results on Thursday 5th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.01 per share from $ 40.20 million in revenue.
For the full year, analysts predict revenues of $ 171.00 million, while looking forward to income of $ 0.04 per share.
Previous Quarter Performance
Manitex International, Inc. unfold loss for the second quarter of $ 0.08 per share, from the revenue of $ 37.12 million. According to street consensus, MNTX was expected to report 2Q20 loss of $ 0.07 per share from revenue of $ 43.90 million. The bottom line results missed street analysts by $ 0.01 or 14.29 percent, at the same time, top line results fell short of analysts by $ 6.78 million or 15.44 percent.
Stock Performance
Shares of Manitex International, Inc. traded low $ -0.21 or -5.00 percent on Wednesday, reaching $ 3.99 with volume of 12.40 thousand shares. Manitex International, Inc. has traded high as $ 4.21 and has cracked $ 3.94 on the downward trend
The closing price of $ 3.99, representing a 52.17 % increase from the 52 week low of $ 2.76 and a 33.12 % decrease over the 52 week high of $ 6.28.
The company has a market capital of $ 78.87 million and is part of the Industrials sector and Diversified Industrials industry.
Conference Call
Manitex International, Inc. will be hosting a conference call at 8:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.manitexinternational.com
Manitex International, Inc. provides engineered lifting solutions worldwide. The company designs, manufactures, and distributes products that are used in various industries.
