Hyster-Yale Materials (HY) Misses Q4 EPS by 13c

Hyster-Yale Materials (NYSE: HY) reported Q4 EPS of $0.74, $0.13 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $690.6 million versus the consensus estimate of $698.77 million.

GUIDANCE:

"As a result of these market conditions, anticipated market share gains and product price increases, units and parts revenues are expected to increase in 2017, with greater revenue growth anticipated in the first half of the year, particularly the first quarter, against lower 2016 comparable revenues."

For earnings history and earnings-related data on Hyster-Yale Materials (HY) click here.

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