The Manitowoc Company, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Last week, you might have seen that The Manitowoc Company, Inc. (NYSE:MTW) released its annual result to the market. The early response was not positive, with shares down 5.0% to US$13.78 in the past week. It looks like a pretty bad result, all things considered. Although revenues of US$2.2b were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 43% to hit US$0.20 per share. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analyst is expecting for next year.

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After the latest results, the sole analyst covering Manitowoc Company are now predicting revenues of US$2.35b in 2026. If met, this would reflect an okay 4.9% improvement in revenue compared to the last 12 months. Per-share earnings are expected to jump 255% to US$0.72. Before this earnings report, the analyst had been forecasting revenues of US$2.35b and earnings per share (EPS) of US$0.82 in 2026. So there's definitely been a decline in sentiment after the latest results, noting the substantial drop in new EPS forecasts.

View our latest analysis for Manitowoc Company

Despite cutting their earnings forecasts,the analyst has lifted their price target 15% to US$11.50, suggesting that these impacts are not expected to weigh on the stock's value in the long term.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Manitowoc Company's past performance and to peers in the same industry. We would highlight that Manitowoc Company's revenue growth is expected to slow, with the forecast 4.9% annualised growth rate until the end of 2026 being well below the historical 7.6% p.a. growth over the last five years. Compare this to the 189 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 5.9% per year. So it's pretty clear that, while Manitowoc Company's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The biggest concern is that the analyst reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Manitowoc Company. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was also a nice increase in the price target, with the analyst clearly feeling that the intrinsic value of the business is improving.

With that in mind, we wouldn't be too quick to come to a conclusion on Manitowoc Company. Long-term earnings power is much more important than next year's profits. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

You should always think about risks though. Case in point, we've spotted 3 warning signs for Manitowoc Company you should be aware of, and 1 of them is a bit concerning.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.