Re: $3.02 waz going on?
8:52AM Manitowoc no longer believes that it will be able to achieve its previous guidance (MTW) 4.61 : Co announces that the current trends in the end markets for its businesses, particularly for the Crane segment, are driving financial performance that is significantly softer than projected when the company announced its full-year 2009 guidance in January. The company no longer believes that it will be able to achieve its previous guidance for sales, earnings per share, or cash flow. The company's first-quarter results for earnings per share from continuing operations are anticipated to be more than 50 percent below the current Wall Street average estimate. Briefing.com note: EPS consensus is currently $0.21.