Hyster-Yale Materials Handling Inc expected to post earnings of $1.73 a share - Earnings Preview

Hyster-Yale

24/02/2024 01:36

* Hyster-Yale Materials Handling Inc  HY.N   HY  is expected
to show a rise in quarterly revenue when it reports  results on
February 27 for the period ending December 31 2023
    * The Cleveland Ohio-based  company is expected to report a
3.8% increase in revenue to $1.022 billion from $985.2 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Hyster-Yale Materials
Handling
Inc is for earnings of $1.73 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is also "Buy".​
    * Wall Street's median 12-month price target for Hyster-Yale
Materials Handling Inc is $82.50​, above​ its last closing price
of $68.91. ​​​

This summary was machine generated February 24 at 01:36 GMT. 
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)