Hyster-Yale Materials (HY) Tops Q2 EPS Views

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Go back to Hyster-Yale Materials (HY) Tops Q2 EPS Views

Hyster-Yale Materials Handling, Inc. Announces Second Quarter 2015 Results

July 29, 2015 5:16 PM EDT

CLEVELAND, July 29, 2015 /PRNewswire/ --

Highlights:

Second quarter 2015 unit shipments increased 3.2% Second quarter 2015 gross profit increased 3.1% despite a revenue decrease of 3.8% Second quarter 2015 lift truck segment operating profit increased after excluding $17.7 million prior year gain on sale of a plant Nuvera generated a second quarter 2015 operating loss of $5.9 million and net loss of $3.5 million, as expected

Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced consolidated revenues of $658.7 million and net income of $22.7 million, or $1.39 per diluted... More