Crane and lifting equipment company Manitowoc (NYSE:MTW) will be reporting results tomorrow after market hours. Here’s what to look for.

Manitowoc met analysts’ revenue expectations last quarter, reporting revenues of $596 million, flat year on year. It was a slower quarter for the company, with a significant miss of analysts’ EPS and backlog estimates.

Is Manitowoc a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Manitowoc’s revenue to decline 2.6% year on year to $482 million, in line with the 2.6% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.09 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Manitowoc has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Manitowoc’s peers in the construction machinery segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Astec delivered year-on-year revenue growth of 6.5%, beating analysts’ expectations by 2.8%, and Terex reported a revenue decline of 4.9%, falling short of estimates by 1.3%. Astec traded up 2.7% following the results.

Read our full analysis of Astec’s results here and Terex’s results here.

There has been positive sentiment among investors in the construction machinery segment, with share prices up 13% on average over the last month. Manitowoc is up 16.7% during the same time and is heading into earnings with an average analyst price target of $10.85 (compared to the current share price of $8.66).

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