Manitowoc Company just shocked a skeptical market. The stock rose 32.4% to US$18.82 after traders digested a quarter that flipped from a Q1 loss to Q2 basic earnings per share of about US$0.39 and pushed net income to US$14.2m. For a crane maker often viewed as a low margin grinder, the main focus is margin repair. Adjusted EBITDA nearly doubled to US$49m with margin above 8%, helped by stronger crane demand and a meaningful tariff refund tailwind.
Love the sharp margin repair at Manitowoc Company but concerned about how durable those gains might be in a tougher cycle? Check out the list of solid balance sheet and fundamentals stocks (49 results).
Q2 2026 Earnings Summary
- Revenue, Q2 2026 vs. Q2 2025: US$594.9 million vs. US$539.5…
