Manitowoc Company, Inc.'s Second Quarter 2025 Earnings Meeting Transcript
Manitowoc Company Misses Q2 2025 Earnings Estimates, Yet Remains Optimistic
The Manitowoc Company, a leading manufacturer of cranes and lifting solutions, reported its Q2 2025 earnings, missing the estimated earnings per share (EPS) of 20 cents, recording an adjusted EPS of 8 cents instead. The company's revenue also declined by 4% year-over-year, reaching $540 million, which was below the consensus of $570 million.
However, the company showed signs of resilience as orders increased by 6% to $454 million, and the backlog stood at $729 million at the end of the quarter. Non-new machine sales also rose by 10% year-over-year to $162 million.
Operationally, the company achieved a record safety performance, with a recordable injury rate of 0.67 per 200,000 hours. This positive aspect was highlighted during the earnings call and contributed to a 2.67% rise in shares after hours.
Key financial highlights from the call included a decrease in Adjusted EBITDA to $26 million, down from $36 million the previous year, with EBITDA margin falling to 4.9% from 6.4%. Gross profit decreased slightly, with gross margin improving marginally to 18.4% from 17.7% year-over-year. Operating expenses rose by 4.4% to $87 million in the quarter.
During the call, the company's management discussed ongoing challenges such as tariff impacts and the "great trade reset." They emphasized adjustments to build schedules aligned with current demand, which is expected to influence financial performance in the second half of 2025.
The official Q2 2025 earnings call transcript was filed with the SEC on August 11, 2025, and includes details from executives on financial performance and forward-looking statements cautioning about risks linked to market conditions.
In summary, the Manitowoc Company faced near-term profitability pressures but showed positive operational trends and order momentum. The company's management remains cautiously optimistic about the future, acknowledging the challenges posed by tariffs and the evolving trade landscape.
The Manitowoc Company Second Quarter of 2025 Earnings Conference Call took place at 10:00 AM ET on August 8, 2025. The call was attended by Aaron H. Ravenscroft (President, CEO & Director), Brian P. Regan (Executive VP & CFO), and Ion M. Warner (Vice President of Marketing & Investor Relations) from The Manitowoc Company. The call was led by Ion M. Warner and included participants such as Clifford F. Ransom from Ransom Research, Inc., Mircea Dobre from Robert W. Baird & Co. Incorporated, Research Division, and Steven Michael Fisher from UBS Investment Bank, Research Division.
The Manitowoc Company, Inc. (NYSE: MTW) held its Q2 2025 Earnings Conference Call on August 8, 2025. The call was a formal event for discussing the company's financial performance and providing a business update. The slide presentation for the call is available on the Investor Relations section of the Manitowoc Company's website. The call includes a safe harbor statement, which warns of potential differences between projected and actual results due to various factors. Aaron Ravenscroft, President and CEO, and Brian Regan, Executive Vice President and CFO, made prepared remarks during the call.
Links to current MTW analysis and all earnings call transcripts are available. The conference call was recorded for future reference. The Manitowoc Company does not guarantee to update or revise any forward-looking statements.
Amid the Q2 2025 earnings report, The Manitowoc Company emphasized the need for strategic investments in finance to navigate through ongoing challenges, such as tariff impacts and the "great trade reset." The company's management plans to invest wisely in their business operations, using the insights gathered from the earnings call to inform future financial decisions.
Following the Q2 2025 earnings call, investors and analysts expressed interest in assessing the company's long-term financial strategy, particularly how the Manitowoc Company plans to continue driving revenue growth and maintaining profitability despite the turbulent market conditions.
