Hyster-Yale (HY) Reports Q2 Loss, Tops Revenue Estimates

Hyster-Yale (HY) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of $0.26. This compares to earnings of $3.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -153.85%. A quarter ago, it was expected that this maker of lift trucks and aftermarket parts would post earnings of $0.47 per share when it actually produced earnings of $0.49, delivering a surprise of +4.26%.Over the last four quart ...