Hyster-Yale Materials Handling Announces Second Quarter 2018 Results

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Hyster-Yale Materials (HY) Misses Q2 EPS by 19c, Revenues Miss

July 31, 2018 5:13 PM EDT

Hyster-Yale Materials (NYSE: HY) reported Q2 EPS of $0.34, $0.19 worse than the analyst estimate of $0.53. Revenue for the quarter came in at $765.6 million versus the consensus estimate of $797 million.

Quarter Highlights:

Q2 2018 consolidated revenues increased 11.7% over Q2 2017, including currency translationQ2 2018 consolidated operating... More