Hyster-Yale (HY) Surpasses Q4 Earnings and Revenue Estimates

Core Insights - Hyster-Yale reported quarterly earnings of $1.47 per share, exceeding the Zacks Consensus Estimate of $1.38 per share, and showing an increase from $1.43 per share a year ago, resulting in an earnings surprise of 6.52% [1] - The company achieved revenues of $1.07 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.43% and up from $1.03 billion year-over-year [2] - Hyster-Yale has outperformed consensus EPS estimates three times over the last four quarters, indicating a positive trend in earnings performance [2] Future Outlook - The sustainability of Hyster-Yale's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $1.66 on revenues of $1.02 billion, and for the current fiscal year, it is $5.39 on revenues of $4.07 billion [7] - The Zacks Rank for Hyster-Yale is currently 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Industry Context - The Manufacturing - Construction and Mining industry, to which Hyster-Yale belongs, is currently in the top 33% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Hyster-Yale's stock performance [5]