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Stock impact report

Will Manitowoc Company Earnings Surprise the Markets the Way Caterpillar Did? [The Motley Fool]

Manitowoc Company, Inc. (The) (MTW) 
Last manitowoc company, inc. (the) earnings: 2/6 04:31 pm Check Earnings Report
Company Research Source: The Motley Fool
Manitowoc already gave investors a hint of what to expect from its third-quarter numbers. Something's brewing inside Manitowoc Company ( NYSE:MTW ) . The stock has jumped 12% in just a week's time, as of this writing, without any news from the construction-equipment manufacturer. Part of the euphoria can be linked to Caterpillar ( NYSE:CAT ) , which trampled third-quarter estimates on Oct. 24, sending its shares aloft . As the world's largest construction and mining-equipment manufacturer, Caterpillar has a huge bearing on the other industry players. With optimism coming straight from the horse's mouth, the market's now hoping Manitowoc will follow Caterpillar's footsteps and surprise the market when it announces is third-quarter numbers on Nov. 6, after the market closes. The question is: Can Manitowoc pull a Caterpillar, or are investors in for a rude shock on Nov. 6? Peer pressure Exactly three months ago, Manitowoc shares suddenly jumped by double digi Show less Read more
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