Columbus McKinnon Raises FY 2027 Guidance Following Kito Crosby Integration Progress
Columbus McKinnon (CMCO) has upwardly revised its fiscal 2027 outlook, projecting net sales between $2.13 billion and $2.17 billion. The company also raised its adjusted earnings per share (EPS) guidance to a range of $2.00 to $2.15. The management highlighted that the positive revisions are driven by successful integration efforts with Kito Crosby, which are unlocking significant synergies. Additionally, the company reported strong organic revenue growth and improved margin delivery during the second quarter of fiscal 2027.
Topics: earnings report margin expansion mergers and acquisitions revenue growth
Read the full article at Seeking Alpha
Part of the story Hamilton Lane Reports Strong Q2 Fiscal 2027 Results Driven by Evergreen Platform Growth (10 articles)