Hyster-Yale Materials Handling Inc expected to post a loss of $1.85 a share - Earnings Preview

Hyster-Yale

30/07/2022 02:50

* Hyster-Yale Materials Handling Inc  HY.N   HY  is expected
to show a rise in quarterly revenue when it reports  results on
August 2. 
    * The Cleveland Ohio-based  company is expected to report  a
6.7% increase in revenue to $816.67 million from $765.6 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hyster-Yale
Materials
Handling Inc is for a loss of $1.85 per share. For the same
quarter last year, the company reported earnings of 11 cents per
share.
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Hyster-Yale
Materials Handling Inc is $59.5​, above​ its last closing price
of $34.59. ​​​

This summary was machine generated July 30 at 01:50 GMT.  All
figures in US dollars  unless otherwise stated