Columbus McKinnon (NASDAQ:CMCO) is set to report earnings, with analysts expecting a 4.9% year-on-year revenue increase to $245.7 million. The company beat revenue expectations by 8.5% last quarter, with revenues of $261 million, up 7.7% YoY. Analysts anticipate adjusted earnings of $0.58 per share. Peers in the general industrial machinery segment have already reported Q4 results, with GE Aerospace delivering 17.6% revenue growth and Crane reporting a 6.8% increase. Positive sentiment has driven sector share prices up 8.7% on average in the last month, with Columbus McKinnon up 13.4%. The company’s average analyst price target is $26.75.

Read more at Stockstory.org does not belong to any specific media company.: Columbus McKinnon (CMCO) Reports Q4 Results Tomorrow