Core Viewpoint - Hyster-Yale's stock performance has shown resilience, outperforming major indices, but upcoming earnings are expected to reflect significant declines in both earnings per share and revenue compared to the previous year [1][3][4]. Company Performance - Hyster-Yale's stock closed at $37.72, marking a +1.37% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.79% [1]. - Over the past month, Hyster-Yale shares have gained 3.05%, while the Industrial Products sector and the S&P 500 gained 2.29% and 1.27%, respectively [2]. Earnings Forecast - The upcoming earnings report is projected to show earnings of $0.03 per share, representing a year-over-year decline of 96.91%, with revenue expected to be $955.69 million, indicating a 5.95% decline compared to the same quarter last year [3]. - For the full year, analysts expect earnings of $0.75 per share and revenue of $3.77 billion, reflecting changes of -91.65% and -12.59% from the previous year [4]. Analyst Estimates - Recent changes to analyst estimates for Hyster-Yale are being monitored, as they often indicate shifts in near-term business trends, with positive revisions suggesting optimism about the business outlook [5]. - The Zacks Rank system, which incorporates estimate changes, currently ranks Hyster-Yale at 3 (Hold), with no changes in the consensus EPS estimate over the last 30 days [6][7]. Valuation Metrics - Hyster-Yale is currently trading at a Forward P/E ratio of 49.61, which is significantly higher than the industry average Forward P/E of 16.37 [8]. - The Manufacturing - Construction and Mining industry, part of the Industrial Products sector, has a Zacks Industry Rank of 201, placing it in the bottom 19% of over 250 industries [8][9].

In the latest trading session, Hyster-Yale (HY) closed at $36.09, marking a -1.5% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.53%. Meanwhile, the Dow experienced a drop of 0.71%, and the technology-dominated Nasdaq saw a decrease of 0.93%. Coming into today, shares of the maker of lift trucks and aftermarket parts had lost 1.87% in the past month. In that same time, the Industrial Products sector gained 1.64%, while the S&P 500 gained 1.13%. Analysts and inv ...

Core Viewpoint - Terex (TEX) is positioned to potentially continue its earnings-beat streak in the upcoming report, having a strong history of exceeding earnings estimates, particularly in the last two quarters with an average surprise of 36.43% [1][4]. Earnings Performance - In the last reported quarter, Terex achieved earnings of $1.49 per share, surpassing the Zacks Consensus Estimate of $1.44 per share, resulting in a surprise of 3.47% [2]. - In the previous quarter, Terex was expected to report earnings of $0.49 per share but delivered $0.83 per share, leading to a significant surprise of 69.39% [2]. Earnings Estimates and Predictions - Recent estimates for Terex have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [4][7]. - The current Earnings ESP for Terex is +0.27%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [7]. Zacks Rank and Success Rate - Terex holds a Zacks Rank of 3 (Hold), which, when combined with a positive Earnings ESP, suggests a high probability of beating earnings estimates, with historical data indicating that nearly 70% of stocks with this combination achieve a positive surprise [5][7].

Core Viewpoint - The Zacks Manufacturing - Construction and Mining industry is currently facing challenges due to a prolonged contraction in the manufacturing sector, but increased infrastructure investment and demand from the mining sector are expected to provide support for growth [1][4][5]. Industry Overview - The industry includes companies that manufacture and sell construction, mining, and utility equipment, supporting various sectors such as oil and gas, power generation, and infrastructure projects [3]. Current Trends - The manufacturing index has been in contraction for 26 consecutive months until December 2024, with a recent reading of 49.1% in September, indicating ongoing weakness in customer spending due to tariffs [4]. - The energy transition trend is expected to drive demand for mining equipment, supported by U.S. government infrastructure investments in critical sectors [5]. - Companies are focusing on pricing strategies and cost-cutting measures to sustain margins amid input cost inflation [6]. Digital Transformation - Industry participants are investing in digital initiatives such as AI and robotics to enhance productivity and efficiency, which is crucial for meeting the demand for autonomous machinery [7]. Market Performance - The Manufacturing - Construction and Mining industry has outperformed the broader market, growing 33.7% over the past year compared to a 0.3% decline in the sector [11]. Valuation Metrics - The industry is currently trading at a trailing 12-month EV/EBITDA ratio of 15.82X, lower than the S&P 500's 18.51X and the Industrial Products sector's 24.36X [14]. Company Highlights - **Terex Corporation (TEX)**: Recently sold its Terex Tower and Rough Terrain Cranes businesses to reduce cyclicality and enhance growth. The company is expected to benefit from its focus on environmental solutions, which now account for approximately 30% of its global revenues [18]. The Zacks Consensus Estimate for Terex's 2025 earnings has increased by 0.2% over the past 60 days [19]. - **Hyster-Yale, Inc. (HY)**: Despite challenges in the lift truck market, the company has maintained steady sales quoting activity, indicating resilient demand. Hyster-Yale is focused on cost reduction and productivity improvements to enhance profitability [24]. The Zacks Consensus Estimate for Hyster-Yale's 2025 earnings has remained unchanged over the past 60 days [22].

Hyster-Yale (HY) ended the recent trading session at $36.65, demonstrating a +1.41% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.4%. Elsewhere, the Dow lost 0.04%, while the tech-heavy Nasdaq added 0.66%. Coming into today, shares of the maker of lift trucks and aftermarket parts had gained 0.64% in the past month. In that same time, the Industrial Products sector gained 1.02%, while the S&P 500 gained 1.02%. The investment community will be c ...

Group 1: Stock Performance - Caterpillar (CAT) closed at $440.44, reflecting a +1.03% change from the previous day's closing price, outperforming the S&P 500, which fell by 0.13% [1] - Over the past month, Caterpillar's shares have increased by 5.65%, while the Industrial Products sector gained 1.77% and the S&P 500 gained 2.71% [1] Group 2: Earnings Projections - The upcoming EPS for Caterpillar is projected at $4.56, indicating an 11.80% decline compared to the same quarter last year [2] - Revenue for the upcoming quarter is estimated at $16.7 billion, representing a 3.66% increase from the prior-year quarter [2] Group 3: Fiscal Year Estimates - For the entire fiscal year, earnings are expected to be $17.91 per share and revenue at $64.76 billion, reflecting changes of -18.22% and -0.07% respectively from the previous year [3] - Recent analyst estimate revisions suggest evolving short-term business trends, with positive revisions indicating confidence in business performance [3] Group 4: Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Caterpillar at 3 (Hold) [5] - Caterpillar's Forward P/E ratio is 24.34, which is a premium compared to the industry average Forward P/E of 23.88, and its PEG ratio stands at 2.65 [6] Group 5: Industry Context - The Manufacturing - Construction and Mining industry, part of the Industrial Products sector, has a Zacks Industry Rank of 226, placing it in the bottom 9% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - Caterpillar's stock performance is influenced by earnings estimates and revenue growth, with current trends indicating potential challenges in the near term [2][5][10]. Earnings Estimates - For the current quarter, Caterpillar is expected to report earnings of $4.66 per share, reflecting a decrease of -9.9% year-over-year, with a consensus estimate change of -2.3% over the last 30 days [5]. - The consensus earnings estimate for the current fiscal year is $18.24, indicating a decline of -16.7% from the previous year, with a recent change of -3% [5]. - For the next fiscal year, the earnings estimate is $21.27, suggesting an increase of +16.6% compared to the prior year, with a slight change of -0.5% recently [6]. Revenue Growth - The consensus sales estimate for the current quarter is $16.6 billion, representing a year-over-year increase of +3.1% [11]. - For the current fiscal year, the revenue estimate is $64.5 billion, indicating a slight decline of -0.5%, while the next fiscal year's estimate of $68.44 billion reflects a growth of +6.1% [11]. Recent Performance - In the last reported quarter, Caterpillar achieved revenues of $16.57 billion, a decrease of -0.7% year-over-year, and an EPS of $4.72, down from $5.99 a year ago [12]. - The company surpassed revenue estimates once in the last four quarters, while it exceeded EPS estimates only once during the same period [13]. Valuation - Caterpillar's valuation is assessed using various multiples, with a Zacks Value Style Score of C, indicating that the stock is trading at par with its peers [17].

Financial Performance - Hyster-Yale reported a quarterly loss of $0.14 per share, missing the Zacks Consensus Estimate of $0.26, and a significant decline from earnings of $3.58 per share a year ago, representing an earnings surprise of -153.85% [1] - The company posted revenues of $956.6 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.10%, but down from $1.17 billion in the same quarter last year [2] - Over the last four quarters, Hyster-Yale has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Hyster-Yale shares have declined approximately 18.8% since the beginning of the year, contrasting with the S&P 500's gain of 7.6% [3] - The current Zacks Rank for Hyster-Yale is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.33 on revenues of $897.91 million, and for the current fiscal year, it is $1.54 on revenues of $3.69 billion [7] - The estimate revisions trend for Hyster-Yale was mixed ahead of the earnings release, and future changes in estimates will be closely monitored [6][7] Industry Context - Hyster-Yale operates within the Manufacturing - Construction and Mining industry, which is currently ranked in the bottom 18% of over 250 Zacks industries, indicating potential challenges ahead [8]

Core Insights - Caterpillar reported quarterly earnings of $4.72 per share, missing the Zacks Consensus Estimate of $4.88 per share, and down from $5.99 per share a year ago, representing an earnings surprise of -3.28% [1] - The company posted revenues of $16.57 billion for the quarter, surpassing the Zacks Consensus Estimate by 1.32%, but down from $16.69 billion year-over-year [2] - Caterpillar's stock has increased by approximately 19.6% year-to-date, outperforming the S&P 500's gain of 7.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $4.77 on revenues of $15.97 billion, and for the current fiscal year, it is $18.79 on revenues of $63.22 billion [7] - The estimate revisions trend for Caterpillar was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Manufacturing - Construction and Mining industry, to which Caterpillar belongs, is currently ranked in the bottom 18% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Caterpillar's stock may be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

Company Performance - Terex reported quarterly earnings of $1.49 per share, exceeding the Zacks Consensus Estimate of $1.44 per share, but down from $2.16 per share a year ago, representing an earnings surprise of +3.47% [1] - The company posted revenues of $1.49 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.23% and up from $1.38 billion year-over-year [2] - Over the last four quarters, Terex has consistently surpassed consensus EPS estimates and revenue estimates [2] Future Outlook - The sustainability of Terex's stock price movement will 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 $1.43 on revenues of $1.4 billion, and for the current fiscal year, it is $4.72 on revenues of $5.37 billion [7] - The estimate revisions trend for Terex was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Manufacturing - Construction and Mining industry, to which Terex belongs, is currently in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Terex's performance [5]