HY Stock Recent News
HY LATEST HEADLINES
Hyster-Yale, Inc. (NYSE:HY ) Q1 2025 Earnings Call May 7, 2025 11:00 AM ET Company Participants Andrea Sejba - Investor Relations Al Rankin - Executive Chairman Rajiv Prasad - President and Chief Executive Officer Scott Minder - Senior Vice President, Chief Financial Officer and Treasurer Operator Good morning, ladies and gentlemen, and welcome to the Hyster-Yale Inc. First Quarter 2025 Earnings Call. [Operator Instructions] This call is being recorded on Wednesday, May 7, 2025.
Hyster-Yale (HY) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $2.93 per share a year ago.
Q1 2025 Consolidated Highlights: Consolidated revenues of $910 million Consolidated operating profit of $21.3 million in line with company expectations Significant increase in Q1 2025 Lift Truck bookings compared to prior year and Q4 2024 Inventory decreased $69 million in Q1 2025 compared to Q1 2024 Market demand growth expected in second half of 2025, absent the potential effects from tariffs CLEVELAND , May 6, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated results for the three months ended March 31, 2025. Three Months Ended ($ in millions except per share amounts) Q1 2025 Q1 2024 % Change Q4 2024 % Change Revenues $910.4 $1,056.5 (14) % $1,067.5 (15) % Operating Profit $21.3 $83.8 (75) % $32.3 (34) % Net Income $8.6 $51.5 (83) % $10.3 (17) % Diluted Earnings per Share $0.48 $2.93 (84) % $0.58 (17) % Adjusted Operating Profit(1) $21.5 $83.8 (74) % $53.7 (60) % Adjusted Net Income(1) $8.7 $51.5 (83) % $26.1 (67) % Adjusted Diluted E
CLEVELAND , April 30, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) (the "Company") today announced a strategic business realignment of its Nuvera fuel cell business designed both to increase near term profits and to create an integrated energy solutions program at Nuvera's Billerica facility which will be part of its Hyster-Yale Materials Handling (HYMH) business. That program will include HYMH's: Development, manufacturing, and commercialization of its lithium-ion battery modules, battery chargers, battery management systems, and energy management activities.
In the closing of the recent trading day, Hyster-Yale (HY) stood at $39.17, denoting a +1.27% change from the preceding trading day.
CLEVELAND , April 29, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today it will release its First Quarter 2025 financial results after the market closes on Tuesday, May 6, 2025. In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m.
Hyster-Yale (HY) concluded the recent trading session at $37.93, signifying a +1.42% move from its prior day's close.
In the most recent trading session, Hyster-Yale (HY) closed at $38.26, indicating a +0.68% shift from the previous trading day.
Hyster-Yale (HY) concluded the recent trading session at $37.69, signifying a +0.69% move from its prior day's close.
Hyster-Yale (HY) reachead $41.54 at the closing of the latest trading day, reflecting a -0.76% change compared to its last close.