Hyster-Yale Materials (HY) Tops Q2 EPS by 26c
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Hyster-Yale Materials Handling, Inc. Announces Second Quarter 2017 Results
August 1, 2017 5:15 PM EDTCLEVELAND, Aug. 1, 2017 /PRNewswire/ --
Quarter Highlights:
Lift Truck shipments increased 5.2%, revenues increased 6.3% over Q2 2016 Strong bookings and ending backlog Lift Truck operating profit margin increased to 4.4% Bolzoni revenues increased 7.7% over Q2 2016 Nuvera realignment progressing, operating loss increased to $10.5 millionHyster-Yale Materials Handling, Inc. (NYSE: HY) today announced consolidated net income of $16.4 million, or $0.99 per diluted share, and consolidated revenues of $685.5 million for the second quarter of 2017 compared with consolidated net income of $8.3 million, or $0.51 per diluted... More
