Manitex Intl Inc Up 3.18% To $6.81 After Earnings

Manitex International Inc (MNTX) reported less than expected earnings this morning for Q4 2023.





The stock is up 3.18% to $6.81 after the report.

Manitex Intl Inc's profit margins maintained as both earnings and revenue declined at the same pace.

Wall Street Analysts had an average rating of Strong Buy on the stock prior to the report.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Prior to the report, InvestorsObserver gave the stock an overall score of 49. Meanwhile, the average Wall Street analyst rated the stock a Strong Buy.

Manitex International Inc, through its subsidiaries, is engaged in the design, manufacture and distribution of engineered lifting solutions. Its products include boom trucks, truck cranes and sign cranes. The company generates a majority of its revenue from Boom trucks, knuckle boom and truck cranes. Geographically, it has a business presence in the U.S., Italy, Canada, Chile, France and other countries, of which it generates a majority of its revenue from the United States.