Hyster-Yale Materials Handling Inc expected to post a loss of $2.71 a share - Earnings Preview

Hyster-Yale

29/04/2022 22:00

* Hyster-Yale Materials Handling Inc  HY.N   HY  is expected
to show a rise in quarterly revenue when it reports  results on
May 3. 
    * The Cleveland Ohio-based  company is expected to report  a
12.0% increase in revenue to $820.07 million from $732.2 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 $2.71 per share. For the same
quarter last year, the company reported earnings of 33 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 $57​, above​ its last closing price
of $30.72. ​​​

This summary was machine generated April 29 at 21:00 GMT.  All
figures in US dollars  unless otherwise stated