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Stock impact report

The Manitowoc Company: Headwinds Not Letting Up Yet [Seeking Alpha]

Manitowoc Company, Inc. (The) (MTW) 
Last manitowoc company, inc. (the) earnings: 2/6 04:31 pm Check Earnings Report
Company Research Source: Seeking Alpha
Despite a solid backlog and some Middle East strength, near-term topline and profitability are expected to remain subdued through FY25. Margin expected to face headwinds from higher SG&A and expected lower volumes. Maintain a HOLD rating on MTW, as challenging near-term conditions and valuation concerns outweigh longer-term recovery prospects. Mny-Jhee/iStock via Getty Images The Thesis Exiting the first half of FY23, the lifting solutions provider, The Manitowoc Company ( NYSE: MTW ), reported another quarter with weak revenue, primarily due to strong declines across Europe and most of the MEAP regions, including This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busi Show less Read more
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