Columbus McKinnon Reports Q3 Earnings Miss

CHARLOTTE, N.C. - Columbus McKinnon Corp. (CMCO) reported third-quarter fiscal earnings of $4 million, or 14 cents per share, missing analysts' estimates of 74 cents per share.

Adjusted earnings, excluding amortization and non-recurring costs, were 56 cents per share.

Revenue totaled $234.1 million in the quarter.

The results mark a 3.59% decrease compared to the same period last year.