Hyster-Yale (HY) Ascends While Market Falls: Some Facts to Note

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]