Hyster-Yale Materials (HY) Tops Q1 EPS by 57c

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Go back to Hyster-Yale Materials (HY) Tops Q1 EPS by 57c

Hyster-Yale Materials Handling, Inc. Announces First Quarter 2017 Results

May 2, 2017 6:30 AM EDT

CLEVELAND, May 2, 2017 /PRNewswire/ --

Quarter Highlights:

Lift Truck shipments increased 13.7%, revenues increased 11.3% Lift Truck operating profit margin increased to 4.6% Bolzoni contributed $41.6 million in revenues and $1.5 million of net income Nuvera's operating loss of $9.5 million decreased from Q4 2016, but still represents an increase from Q1 2016

Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced consolidated revenues of $713.1 million and consolidated net income of $18.1 million, or $1.10 per diluted share, for the first quarter of 2017 compared with consolidated revenues of $604.2... More