Hyster-Yale Materials (HY) Surpasses Q1 Earnings and Revenue Estimates

Hyster-Yale Materials (HY) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of$ 2.14 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 36.92%. A quarter ago, it was expected that this maker of lift trucks and aftermarket parts would post earnings of$ 1.46 per share when it actually produced earnings of $1.43, delivering a surprise of -2.05%.Ov ...