Hyster-Yale (HY) announced a net loss of $0.14 per share for the recent quarter, contrasting with the Zacks Consensus Estimate of a $0.26 loss. This marks a significant decline from the $3.58 profit per share recorded in the same period last year, with figures adjusted for non-recurring items.
The quarterly results represent an earnings surprise of -153.85%. In the previous quarter, the company, known for manufacturing lift trucks and aftermarket components, was expected to earn $0.47 per share but actually reported $0.49, exceeding estimates by 4.26%. Over the past four quarters, Hyster-Yale has beaten consensus EPS estimates twice.
For the quarter ending June 2025, the company's revenue reached $956.6 million, exceeding the Zacks Consensus Estimate by 2.10%, compared to $1.17 billion a year earlier. The firm has outperformed revenue expectations twice in the last four quarters.
The stability of Hyster-Yale's stock price following these results will largely hinge on management's insights during the upcoming earnings call. Since the start of the year, the stock has declined approximately 18.8%, while the S&P 500 has gained 7.6%.
Looking ahead, investor focus turns to the compan...
Hyster-Yale Reports Quarterly Loss Despite Revenue Surpass
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