Hyster-Yale Materials (HY) Tops Q1 EPS

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Hyster-Yale Materials Handling Announces First Quarter 2020 Results

May 5, 2020 5:02 PM EDT

CLEVELAND, May 5, 2020 /PRNewswire/ --

Quarter Highlights: 

Q1 2020 consolidated revenues decreased 5.9% from Q1 2019 due to lower market volumes, primarily in Europe and China, and to the impact of COVID-19 Q1 2020 consolidated operating profit increased to $20.2 million, up from $3.4 million in Q1 2019 Q1 2020 net income of $15.3 million, or $0.91 per share, up from $3.4 million, or $0.20 per share, in Q1 2019

Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced consolidated revenues of $785.7 million and consolidated net income of $15.3 million, or $0.91 per diluted share,... More