earnings
confidence high
sentiment positive
materiality 0.75
Manitowoc Q4 net loss $(0.10)/share; adj EPS $0.27; backlog tops $1B; FY2022 guidance issued
MANITOWOC CO INC
2021-FY EPS reported
$0.31
revenue$1,720,200,000
- Q4 net sales $497.8M (+15.7% YoY); adjusted EBITDA $34.2M (6.9% of sales).
- Net loss $(3.6)M ($(0.10)/diluted share) includes $13.9M EPA legal charge; adjusted net income $9.4M ($0.27).
- Orders up 21% YoY to $615.2M; backlog $1,010.9M, highest in over 10 years (+86.1% YoY).
- Full-year 2021: net sales $1,720.2M; adj. EBITDA $116.0M (6.7%); adj. EPS $0.86.
- 2022 guidance: net sales ~$2.0-2.2B; adj. EBITDA $130-160M; adj. EPS $0.65-$1.35.