Hyster-Yale Materials Handling Announces Third Quarter 2020 Results

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Hyster-Yale Materials (HY) Tops Q3 EPS by 48c, Revenues Miss

November 3, 2020 5:02 PM EST

Hyster-Yale Materials (NYSE: HY) reported Q3 EPS of $0.30, $0.48 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $618.7 million versus the consensus estimate of $639.4 million.

Quarter Highlights:

Q3 2020 consolidated revenues decreased 14.8% from Q3 2019 due to lower Q2 2020 bookings and resulting... More