HY Stock Recent News

Hyster-Yale (HY) closed at $63.77 in the latest trading session, marking a +0.06% move from the prior day.

The latest trading day saw Hyster-Yale (HY) settling at $60.32, representing a -0.92% change from its previous close.

Hyster-Yale (HY) reachead $57.82 at the closing of the latest trading day, reflecting a -0.45% change compared to its last close.

The latest trading day saw Hyster-Yale (HY) settling at $59.75, representing a -1.81% change from its previous close.

Hyster-Yale (HY) could produce exceptional returns because of its solid growth attributes.

Hyster-Yale (HY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

CLEVELAND , Aug. 14, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid September 13, 2024, to stockholders of record at the close of business on August 30, 2024.

Hyster-Yale Materials Handling, Inc. (NYSE:HY ) Q2 2024 Earnings Conference Call August 7, 2024 11:00 AM ET Company Participants Christina Kmetko - Investor Relations Consultant Rajiv Prasad - President & CEO Scott Minder - CFO, SVP & Treasurer Alfred Rankin - Chairman Conference Call Participants Chip Moore - ROTH Capital Operator Good morning, ladies and gentlemen, and welcome to the Hyster-Yale Inc. Second Quarter 2024 Earnings Conference Call. At this time, all lines are in listen-only mode.

Hyster-Yale (HY) came out with quarterly earnings of $3.58 per share, beating the Zacks Consensus Estimate of $2.28 per share. This compares to earnings of $2.21 per share a year ago.

Q2 2024 Consolidated Highlights: Continued consolidated revenue growth of more than 7% over Q2 2023 Operating profit of $95.6 million, up 63% from Q2 2023, and ahead of expectations Operating profit margin of 8.2%, up from 5.4% in Q2 2023 Net income of $63.3 million, up 65%, from Q2 2023 CLEVELAND , Aug. 6, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated results for the three months ended June 30, 2024. Three Months Ended ($ in millions except per share amounts) 6/30/24 6/30/23 % Change 3/31/24 % Change Revenues $1,168.1 $1,090.6 7 % $1,056.5 11 % Operating Profit $95.6 $58.8 63 % $83.8 14 % Net Income $63.3 $38.3 65 % $51.5 23 % Diluted Earnings per Share $3.58 $2.21 62 % $2.93 22 % Effective May 31, 2024, the Company changed its name to Hyster-Yale, Inc. and changed the name of its Lift Truck business to Hyster-Yale Materials Handling, Inc. Lift Truck Business Results Revenues by geographic segment were as follows: ($ in millions) Q2 202