earnings
confidence high
sentiment positive
materiality 0.85
Manitowoc Q2 adjusted EBITDA up 86% YoY; raises full-year guidance on strong orders and backlog over $1B
MANITOWOC CO INC
- Q2 net income $14.2M ($0.39 diluted); adjusted net income $16.8M ($0.46 adjusted diluted EPS).
- Orders $708.7M (+56.1% YoY); backlog $1,050.1M; net sales $594.9M (+10.3% YoY).
- Adjusted EBITDA $48.9M (+85.9% YoY); margin expanded 330 bps; operating cash flow $8.0M.
- FY 2026 guidance raised: net sales $2.3-2.4B, adjusted EBITDA $150-170M (incl. $16M tariff refunds).
- Adjusted diluted EPS guidance raised to $0.80-1.20 from $0.45-0.90; adjusted FCF $50-70M.