Hyster-Yale Inc reports results for the quarter ended in September 30 - Earnings Summary

Hyster-Yale

06/11/2024 05:05

* Hyster-Yale Inc  HY.N  reported quarterly adjusted
earnings of
97 cents​​ per share for the quarter ended September 30, lower
than the same quarter last year, when the company reported EPS
of $2.06.  The mean expectation of two analysts for the quarter
was for earnings of $1.97 per share. Wall Street expected
results to range from $1.90  to $2.04 per share.
    * Revenue rose 1.5% to $1.02 billion from a year ago;
analysts
expected $1.06 billion. 
    * Hyster-Yale Inc's reported EPS for the quarter was 97
cents​.
    * The company reported quarterly net income of $17.2
million.
    * Hyster-Yale Inc shares had fallen by 16.2% this
quarter and
lost 14.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 7.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is  "hold."

Wall Street's median 12-month price target for Hyster-Yale Inc
is $79.50 
This summary was machine generated from LSEG data November 6 at
05:05 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.97           0.97           Missed
 Jun. 30 2024      2.11           3.58           Beat
 Mar. 31 2024      2.14           2.93           Beat
 Dec. 31 2023      1.73           1.43           Missed