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CMCOBullishEarningsnews
High materiality8/10

CMCO raises FY27 guidance on Kito Crosby integration and strong orders

Nov 3, 2026, 7:06 AM EST1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Strong top-line growth and higher guidance typically lift stock, though GAAP erosion from acquisition costs and higher leverage could cap upside if margin targets falter.

AI summary

What happened, with direct paths to the underlying reporting

CMCO reported Q2 FY2027 net sales of $539.3M, up 107% YoY, driven by the Kito Crosby acquisition completed Feb 3, 2026. Book-to-bill stayed at 1.0x and guidance was raised to $2.13–$2.17B in net sales and $2.00–$2.15 in Adjusted EPS. Strong demand across Americas, Asia, and EMEA supports momentum into 2H FY27 as integration advances.

  • CMCO Q2 net sales $539.3M, +107% YoY; growth driven by Kito Crosby acquisition.
  • Book-to-bill 1.0x; orders $562.6M, +122% YoY.
  • FY27 guidance raised: net sales $2.13–$2.17B; Adj EPS $2.00–$2.15.
  • GAAP net loss $25.5M; Adjusted EBITDA $111.2M, margin 20.6%.
  • Leverage 4.9x; liquidity $532M; strong 2H FY27 momentum anticipated.

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