HYSTER-YALE ANNOUNCES DATES OF FOURTH QUARTER AND FULL YEAR 2025 EARNINGS RELEASE AND WEBCAST [Accessibility Statement] Skip NavigationCLEVELAND, Feb. 24, 2026 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today it will release its Fourth Quarter and Full Year 2025 financial results after the market closes on Tuesday, March 3, 2026.In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, March 4, 2026, to discuss the financial res ...

Hyster-Yale (HY) closed the most recent trading day at $39.96, moving +1.24% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.1%. Meanwhile, the Dow experienced a rise of 0.07%, and the technology-dominated Nasdaq saw an increase of 0.14%. Coming into today, shares of the maker of lift trucks and aftermarket parts had gained 16.64% in the past month. In that same time, the Industrial Products sector gained 9.49%, while the S&P 500 lost 1.43%. The upcoming ear ...

Company Performance - Hyster-Yale's stock closed at $37.26, reflecting a +1.8% increase from the previous trading session, outperforming the S&P 500's daily loss of 0.33% [1] - Over the past month, Hyster-Yale shares have gained 7.96%, while the Industrial Products sector gained 11.29% and the S&P 500 remained unchanged [1] Earnings Projections - The upcoming earnings report for Hyster-Yale is projected to show an EPS of -$1.2, indicating a significant 181.63% decline compared to the same quarter last year [2] - Revenue for the upcoming quarter is estimated at $916.43 million, reflecting a 14.15% decrease from the equivalent quarter last year [2] Full Year Estimates - For the full year, the Zacks Consensus Estimates project an EPS of -$0.93 and revenue of $3.76 billion, representing changes of -110.36% and -12.67% respectively from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for Hyster-Yale are crucial as they reflect short-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [4] - The Zacks Rank system, which integrates estimate changes, provides a rating system for stocks, with Hyster-Yale currently holding a Zacks Rank of 3 (Hold) [5][6] Industry Context - Hyster-Yale operates within the Manufacturing - Construction and Mining industry, which is part of the Industrial Products sector, holding a Zacks Industry Rank of 88, placing it in the top 36% of over 250 industries [7]

Company Performance - Hyster-Yale (HY) closed at $33.45, marking a +1.7% move from the prior day, outperforming the S&P 500's daily loss of 0.43% [1] - The company's shares have increased by 10.7% over the last month, surpassing the Industrial Products sector's gain of 8.66% and the S&P 500's gain of 0.89% [1] Earnings Projections - The upcoming earnings report projects an earnings per share (EPS) of -$1.2, reflecting a 181.63% decrease from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $916.43 million, down 14.15% from the year-ago period [2] Full-Year Estimates - Full-year Zacks Consensus Estimates call for earnings of -$0.93 per share and revenue of $3.76 billion, representing year-over-year changes of -110.36% and 0%, respectively [3] - Recent changes to analyst estimates for Hyster-Yale indicate confidence in the business performance and profit potential [3] Industry Ranking - The Manufacturing - Construction and Mining industry, part of the Industrial Products sector, carries a Zacks Industry Rank of 97, placing it within the top 40% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]

Company Performance - Hyster-Yale (HY) closed at $33.54, reflecting a -2.39% change from the previous day, which is less than the S&P 500's daily gain of 0.03% [1] - Over the past month, Hyster-Yale's shares have appreciated by 11.02%, outperforming the Industrial Products sector's gain of 7.83% and the S&P 500's gain of 0.6% [1] Earnings Forecast - Hyster-Yale is projected to report earnings of -$1.2 per share, indicating a year-over-year decline of 181.63% [2] - The consensus estimate for quarterly revenue is $916.43 million, down 14.15% from the same period last year [2] - For the full year, analysts expect earnings of -$0.93 per share and revenue of $3.76 billion, marking changes of -110.36% and 0% respectively from last year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Hyster-Yale are significant as they reflect the evolving business trends [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Hyster-Yale at 3 (Hold) [6] - The consensus EPS projection for Hyster-Yale has remained stagnant over the past 30 days [6] Industry Context - Hyster-Yale operates within the Manufacturing - Construction and Mining industry, which is part of the Industrial Products sector [7] - This industry has a Zacks Industry Rank of 97, placing it in the top 40% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Insights - Congressman Tim Moore has made significant stock purchases in Hyster-Yale Inc, a small cap lift truck company, amid notable market activity and scrutiny [1][4][6] Group 1: Stock Transactions - Moore disclosed purchases of Hyster-Yale shares totaling between $145,000 and $350,000, with the company's market capitalization around $620 million [2] - His previous transactions included buying $80,000 to $200,000 in shares in October and selling between $100,000 and $250,000 later in the month [4] - Recent purchases did not include any sales, but the stock price surged from $28.12 to $35.03 following the news of his transactions [5] Group 2: Company Background - Hyster-Yale has a history of signing government contracts, which raises questions about the implications of Moore's trades [5] - Moore also made a notable purchase of Genprex shares, a clinical stage gene therapy company with a market capitalization of less than $10 million, indicating a trend towards investing in smaller companies [6] Group 3: Market Reaction - The stock of Hyster-Yale experienced a significant increase in value following the announcement of Moore's purchases, highlighting the potential impact of political figures on stock prices [5]

Core Viewpoint - Hyster-Yale, Inc. is implementing a restructuring plan aimed at optimizing operational and overhead structures to better serve customers and shareholders, particularly in response to current low industry volumes in the industrial segment, with expectations for recovery in mid-2026 [1][2]. Restructuring Plan - The restructuring will lead to a reduction of approximately 575 employees globally across manufacturing and staff functions to address mismatches in shipping and booking rates [2]. - This initiative is expected to incur a one-time pre-tax charge of about $21 million in Q4 2025, while generating annualized cost savings of approximately $40 to $45 million starting in Q1 2026 [2]. Strategic Focus - The executive team emphasizes that these difficult decisions are necessary to maintain the company's strategic path, which is detailed in the investor presentation available on its website [3]. - The company is committed to supporting affected employees during this transition and remains focused on positioning itself for sustainable, long-term profitable growth [3]. Company Overview - Hyster-Yale, Inc. is headquartered in Cleveland, Ohio, and offers a comprehensive line of lift trucks and solutions, including attachments, to meet specific materials handling needs [5]. - The company aims to transform material movement globally and is dedicated to understanding customer applications to provide optimal solutions and exceptional customer care [5]. Subsidiary Information - Hyster-Yale's subsidiary, Hyster-Yale Materials Handling, Inc., designs, engineers, manufactures, and services a wide range of lift trucks and aftermarket parts marketed under various brand names [6].

Core Insights - Hyster-Yale, Inc. (NYSE:HY) is recognized as one of the 15 Best 52-Week Low Dividend Stocks to Invest in [1] - Roth Capital has lowered its price target for Hyster-Yale to $40 from $50 while maintaining a Buy rating, citing market uncertainties and tariffs as challenges [2] - The company reported Q3 2025 revenue of $979 million, a 4% increase year-over-year, but Lift Truck revenues fell 4% to $929 million due to lower truck volumes [3] - CEO Rajiv Prasad noted an increase in bookings to $380 million in Q3 from $330 million in Q2, with strong performance in the EMEA and APAC regions [4] - Hyster-Yale is a globally integrated company offering a full range of lift trucks and tailored solutions for materials handling [5]

Financial Data and Key Metrics Changes - Q3 2025 revenues for lift trucks were $929 million, reflecting a 4% decline compared to the prior year, primarily due to lower truck volumes across all product lines [14][15] - Operating profit declined by $27 million year over year, mainly driven by lower truck volumes and higher tariff costs [16] - Q3 operating cash flow improved by nearly 25% from Q2, reaching $37 million, largely driven by improved inventory performance [18] Business Line Data and Key Metrics Changes - Lift truck bookings rose to $380 million in Q3, up from $330 million in Q2, with gains led by the EMEA and JPEC regions [5] - Bolzoni's Q3 revenues dropped 11% year over year to $87 million, primarily due to the planned phase-out of lower-margin legacy components and softer lift truck demand in the US [17] Market Data and Key Metrics Changes - Overall lift truck market demand declined across all regions and most product categories compared to Q2, with many customers postponing capital expenditures [5] - In the Americas, truck volumes fell significantly, particularly in higher-value Class 4 and 5 trucks, due to reduced manufacturing output amid demand uncertainty [15] Company Strategy and Development Direction - The company is implementing targeted initiatives to increase bookings and enhance market participation, including expanding product offerings to modular and scalable lift truck models [6][9] - The competitive landscape is changing rapidly, with increasing pressure from low-cost foreign competitors, particularly in South America and Europe [9] Management's Comments on Operating Environment and Future Outlook - Management noted that ongoing macroeconomic uncertainty, largely due to tariffs and interest rate discussions, is causing delays in customer order conversions [6] - The expectation is for demand to remain soft in the near term, with production rates adjusted to reflect actual booking and cancellation trends [11] Other Important Information - The company's backlog stood at $1.35 billion at the end of Q3, down from $1.65 billion in Q2, driven by fewer trucks shipped [10] - Direct tariff costs totaled $40 million in Q3, significantly impacting demand levels across various end markets [22] Q&A Session Summary Question: How does the current demand uncertainty compare to previous cycles? - Management indicated that while the market remains active with requests for quotes, decision-making is slow due to volatility in the environment, including concerns about tariffs and interest rates [32][33] Question: What actions could be taken if demand further degrades? - The company is reviewing all cost structures and production utilization, preparing for a conservative posture while remaining ready to ramp up if bookings increase [36] Question: What is the status of the modular scalable platform and lithium-ion strategy? - The modular scalable products have received positive feedback in key markets, and the company is launching integrated lithium-ion solutions in North America and Europe [37][38] Question: Are there specific verticals experiencing more headwinds? - Management noted a slowdown in heavy manufacturing, particularly in the auto sector, while light manufacturing and distribution have been stable [42] Question: What is the outlook for the fourth quarter? - The company expects Q4 revenue to decline compared to Q3 due to lower production rates and persistent tariff headwinds, projecting a moderate operating loss [24]

Financial Performance - Q3 2025 - Hyster-Yale's Q3 2025 revenue was $979 million, a decrease of 4% compared to the prior year[11, 14, 16] - The adjusted operating profit for Q3 2025 was $3 million, significantly lower than the prior year's strong results[11, 14, 16] - The adjusted net loss was $1.6 million for Q3 2025[11] - Lift Truck revenue was $929 million, 4% lower year-over-year[16, 19] - Bolzoni revenue was $87 million, 11% lower year-over-year[16, 19] Liquidity and Debt - The company has $275 million in unused borrowing capacity, improved by $10 million compared to Q2 2025[14] - Working capital as a percentage of sales decreased by 130 basis points to 20% compared to Q2 2025 due to improved inventory efficiency[14] - The company's debt composition includes $70 million in ABL Term Loan, $214 million in Working Capital Facilities, $100 million in Wholesale Financing, $56 million in Leases, and $23 million in Other debt, totaling $468 million[21] Outlook and Strategy - The company expects a profit decline in Q4 2025 on lower revenues, reflecting tariff-related cost and demand impacts[34] - Capex of $50-$60 million is forecasted[34] - The company's long-term financial objectives include achieving revenue growth at GDP++, operating profit margins of 7% of sales, working capital at 15% of sales, and a return on total capital employed (ROTCE) of over 20%[104]