Columbus McKinnon (CMCO) Crushes Q1 2027 Earnings on Kito Crosby Boost
As seen on the 24/7 Wall St. homepage on July 30, 2026.
Columbus McKinnon crushed Q1 with adjusted EPS more than doubling the consensus estimate as the Kito Crosby acquisition delivered its first full quarter of results, driving revenue up 125% year-over-year and prompting the company to raise its full-year adjusted EPS guidance to $1.90 to $2.10 from $1.70 to $1.90.
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Columbus McKinnon reported adjusted earnings per share of $0.61 for its fiscal first quarter of 2027, more than double the consensus estimate of $0.27 — a beat of roughly 123%. Revenue came in at $531.5 million, clearing the $501.9 million estimate by about 6% and representing a 125% jump from the $235.9 million recorded in Q1 2026. The dramatic top-line surge was driven by the Kito Crosby acquisition, which contributed its first full quarter of results during the period.
The acquisition's impact is visible in the company's recent revenue trajectory. For most of fiscal 2025 and 2026, quarterly revenue hovered in the $234 million to $261 million range, then jumped to $437.8 million in Q4 2026 as the deal's effect began to register, before reaching $531.5 million this quarter. That step-change in scale is the defining feature of CMCO's current financial profile, and investors will be watching whether integration progress and demand can sustain that expanded revenue base.
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Management responded to the strong quarter by raising its full-year adjusted EPS guidance to a range of $1.90 to $2.10, up from the prior outlook of $1.70 to $1.90. The upward revision signals confidence that the Kito Crosby contribution is tracking ahead of earlier expectations, though the guidance range still implies variability in the quarters ahead.
Mentioned: CMCO