* Hyster-Yale Inc 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