Hyster-Yale (HY) could be a solid choice for investors 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 investors ...

Company Overview - Hyster-Yale, Inc. is headquartered in Cleveland, Ohio, and is a globally integrated company that offers a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products [2] - The company's vision is to transform material movement from Port to Home, focusing on understanding customer applications and providing optimal solutions to improve productivity at the lowest cost of ownership [2] Subsidiaries and Operations - Hyster-Yale's wholly owned subsidiary, Hyster-Yale Materials Handling, Inc., designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments, and aftermarket parts, primarily under the Hyster® and Yale® brand names [3] - The company also owns Bolzoni S.p.A., a leading producer of attachments, forks, and lift tables, and Nuvera Fuel Cells, LLC, which focuses on fuel cell stacks and engines [3] - Hyster-Yale has an unconsolidated joint venture in Japan with Sumitomo NACCO [3] Recent Financial Announcement - The Board of Directors of Hyster-Yale, Inc. declared a regular cash dividend of 35 cents per share, payable on both Class A and Class B Common Stock [1] - The dividend will be paid on September 13, 2024, to stockholders of record at the close of business on August 30, 2024 [1]

Hyster-Yale Materials Handling, Inc. (NYSE:HY) Q2 2024 Earnings Conference Call August 7, 2024 11:00 AM ET Company Participants Christina Kmetko - Investor Relations Consultant Rajiv Prasad - President & CEO Scott Minder - CFO, SVP & Treasurer Alfred Rankin - Chairman Conference Call Participants Chip Moore - ROTH Capital Operator Good morning, ladies and gentlemen, and welcome to the Hyster-Yale Inc. Second Quarter 2024 Earnings Conference Call. At this time, all lines are in listen-only mode. Following th ...

Core Insights - Hyster-Yale reported quarterly earnings of $3.58 per share, exceeding the Zacks Consensus Estimate of $2.28 per share, and showing a year-over-year increase from $2.21 per share, resulting in an earnings surprise of 57.02% [1] - The company achieved revenues of $1.17 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 8.11% and increasing from $1.09 billion year-over-year [2] - Hyster-Yale's stock has increased approximately 11.5% since the beginning of the year, outperforming the S&P 500's gain of 8.7% [3] Earnings Outlook - The future performance of Hyster-Yale's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - Current consensus EPS estimate for the upcoming quarter is $1.51 on revenues of $1.05 billion, and for the current fiscal year, it is $8.30 on revenues of $4.26 billion [7] Industry Context - Hyster-Yale operates within the Manufacturing - Construction and Mining industry, which is currently ranked in the bottom 10% of over 250 Zacks industries, indicating potential challenges ahead [8]

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: June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECUR ...

Exhibit 99 NEWS RELEASE 5875 Landerbrook Drive, Suite 300 • Cleveland, Ohio 44124-4069 Tel. (440) 449-9600 • Fax (440) 449-9577 FOR FURTHER INFORMATION, CONTACT: Christina Kmetko For Immediate Release (440) 449-9589 Tuesday, August 6, 2024 HYSTER-YALE ANNOUNCES SECOND QUARTER 2024 RESULTS Q2 2024 Consolidated Highlights: • Continued consolidated revenue growth of more than 7% over Q2 2023 • Operating profit of $95.6 million, up 63% from Q2 2023, and ahead of expectations • Operating profit margin of 8.2%, u ...

Q2 2024 Consolidated Highlights: Continued consolidated revenue growth of more than 7% over Q2 2023 Operating profit of $95.6 million, up 63% from Q2 2023, and ahead of expectations Operating profit margin of 8.2%, up from 5.4% in Q2 2023 Net income of $63.3 million, up 65%, from Q2 2023 CLEVELAND, Aug. 6, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated results for the three months ended June 30, 2024. | --- | --- | --- | --- | --- | --- | |----------------------------- ...

In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, August 7, 2024, to discuss the financial results. Access to the live audio webcast will be available on the Company's website. About Hyster-Yale, Inc. The Company's wholly owned operating subsidiary, Hyster-Yale Materials Handling, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks, attachments and aftermarket parts marketed globally primar ...

The most recent trading session ended with Hyster-Yale (HY) standing at $78.14, reflecting a +1.05% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 1.11% for the day. On the other hand, the Dow registered a gain of 1.64%, and the technology-centric Nasdaq increased by 1.03%. Investors will be eagerly watching for the performance of Hyster-Yale in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $2.28, m ...

Hyster-Yale (HY) closed the most recent trading day at $75.70, moving +1.5% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.16%. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq decreased by 0.06%. The maker of lift trucks and aftermarket parts's stock has climbed by 4.82% in the past month, exceeding the Industrial Products sector's gain of 3.98% and the S&P 500's gain of 1.96%. The investment community will b ...