Hyster-Yale (HY) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $2.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50.76%. A quarter ago, it was expected that this maker of lift trucks and aftermarket parts would post earnings of $2.28 per share when it actually produced earnings of $3.58, delivering a surprise of 57.02%.Over the la ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _______________________________________________________________________________________________________________________________________________________________________________________________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE ...

Safe Harbor Statement and Disclosure This presentation includes forward-looking comments subject to important risks a may also contain financial measures that are not in conformance with accounting ¡ generally accepted in the United States of America (GAAP). Refer to Hyster-Yale's reports filed on Forms 8-K (current), 10-Q (quarterly), and 10 information on factors that could cause actual results to differ materially from info resentation and for information reconciling financial measures to GAAP. Past perf ...

Q3 2024 Consolidated Highlights:  Ongoing solid execution in seasonally lower third quarter Continued year-over-year revenue growth led by Americas Lift Truck and Bolzoni Operating Profit of $33.1 million below exceptionally strong Q3 2023 results Net Income of $17.2 million compared to $35.8 million in Q3 2023 Generated $70 million of cash from operations in Q3 2024CLEVELAND, Nov. 5, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated results for the three months ended Se ...

Hyster-Yale (HY) closed the latest trading day at $66.63, indicating a -1.6% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.18%. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq gained 0.27%.The maker of lift trucks and aftermarket parts's stock has climbed by 9.56% in the past month, exceeding the Industrial Products sector's gain of 5.13% and the S&P 500's gain of 4.46%.The investment community will be paying close attention to the earnings performance ...

In the latest trading session, Hyster-Yale (HY) closed at $67.46, marking a -1.9% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.77%. Meanwhile, the Dow gained 0.47%, and the Nasdaq, a tech-heavy index, added 0.87%. Coming into today, shares of the maker of lift trucks and aftermarket parts had gained 15.23% in the past month. In that same time, the Industrial Products sector gained 8.52%, while the S&P 500 gained 4.87%. The investment community will be paying c ...

Hyster-Yale (HY) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual inv ...

Hyster-Yale (HY) closed the latest trading day at $66.54, indicating a +1.25% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.96%. At the same time, the Dow lost 0.94%, and the tech-heavy Nasdaq lost 1.18%. Shares of the maker of lift trucks and aftermarket parts have appreciated by 14.41% over the course of the past month, outperforming the Industrial Products sector's gain of 8.21% and the S&P 500's gain of 4.3%. Market participants will be closely fo ...

The most recent trading session ended with Hyster-Yale (HY) standing at $63.77, reflecting a +0.06% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.42%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq added 0.38%. The maker of lift trucks and aftermarket parts's stock has climbed by 1.22% in the past month, falling short of the Industrial Products sector's gain of 6.17% and the S&P 500's gain of 2.06%. The upcoming earnings release ...

Core Viewpoint - Hyster-Yale's stock performance has been underwhelming compared to the broader market, with upcoming earnings expected to show a decline in earnings per share year-over-year, despite a projected increase in revenue [1][2]. Financial Performance - Hyster-Yale is expected to report earnings of $1.97 per share, reflecting a year-over-year decline of 4.37% [2]. - The projected revenue for the upcoming earnings release is $1.06 billion, which represents a 5.51% increase from the previous year [2]. - For the entire fiscal year, earnings are projected at $9.69 per share, indicating a 33.84% increase from the prior year, while revenue is expected to reach $4.37 billion, up 6.05% [3]. Analyst Estimates - Recent changes in analyst estimates are crucial as they reflect near-term business trends, with upward revisions indicating positive sentiment towards the company's operations [4]. - The Zacks Consensus EPS estimate has increased by 6.72% over the last 30 days, and Hyster-Yale currently holds a Zacks Rank of 3 (Hold) [6]. Valuation Metrics - Hyster-Yale is trading at a Forward P/E ratio of 6.31, which is below the industry average of 10.1, suggesting that the stock may be undervalued [7]. - The Manufacturing - Construction and Mining industry, to which Hyster-Yale belongs, has a Zacks Industry Rank of 189, placing it in the bottom 26% of over 250 industries [7]. Industry Insights - The Zacks Industry Rank evaluates the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [8].