Manitowoc Co shared its earnings call, showing sales up over 10% and adjusted EBITDA up 40%.

Nov 4, 2026, 11:00 AM ETResultsRead the original at Benzinga

Good for MTW

Manitowoc reported higher sales and adjusted EBITDA, strong orders, and a raised 2026 forecast. Non-new-machine sales grew 5% over 12 months, and the quarter was lighter than hoped, but the stronger orders and forecast point to an improved outlook.

MTW · Manitowoc Co

AI read · Good for MTW

The AI's read

The higher forecast reflects stronger demand and an improved balance sheet. Orders reached $676 million, backlog topped $1.1 billion, and Americas order rates rose 60% from a year earlier. The caution is that non-new-machine sales grew 5% over 12 months, and the quarter was lighter than hoped. Stronger orders and the higher forecast make the positive evidence stronger.

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