Mixed Results for Manitowoc (MTW)

Manitowoc Co. Inc. (MTW) delivered adjusted EPS of 12 cents in its second quarter ended June 30, 2010, outperforming the Zacks Consensus Estimate by 5 cents but plunging 48% from 23 cents reported in the year-ago quarter. Strong results in the Foodservice segment were offset by lackluster performance at the Crane segment. The reported and year-ago [...]